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Substitution effect(of a price change)(价格变动的)替代效应
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更多 “Substitution effect(of a price change)(价格变动的)替代效应” 相关考题
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(c) Calculate the theoretical ex rights price per share and the net funds to be raised by the rights issue, anddetermine and discuss the likely effect of the proposed expansion on:(i) the current share price of Merton plc;(ii) the gearing of the company.Assume that the price–earnings ratio of Merton plc remains unchanged at 12 times. (11 marks)
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3 The managers of Daylon plc are reviewing the company’s investment portfolio. About 15% of the portfolio is represented by a holding of 5,550,000 ordinary shares of Mondglobe plc. The managers are concerned about the effect on portfolio value if the price of Mondglobe’s shares should fall, and are considering selling the shares. Daylon’s investment bank has suggested that the risk of Mondglobe’s shares falling by more than 5% from their current value could be protected against by buying an over the counter option. The investment bank is prepared to sell an appropriate six month option to Daylon for £250,000.Other information:(i) The current market price of Mondglobe’s ordinary shares is 360 pence.(ii) The annual volatility (variance) of Mondglobe’s shares for the last year was 169%.(iii) The risk free rate is 4% per year.(iv) No dividend is expected to be paid by Mondglobe during the next six months.Required:(a) Evaluate whether or not the price at which the investment bank is willing to sell the option is a fair price.(10 marks)
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Itisobviousthatthisnewruleisapplicabletoeveryonewithout___.A)exceptionB)exclusionC)modificationD)substitution
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听力原文:Theoretically, the forward price for a currency can be identical with the spot price. However, it in practice is almost always either higher or lower than the spot price.(6)A.The forward price for a currency is always the same with the spot price.B.The forward price for a currency is always different from the spot price.C.Theoretically, the forward price is almost always either higher or lower than the spot price.D.Theoretically, the forward price for a currency is always the same with the spot price.
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We have enclosed our new price list for your review which() effect on Monday.A、 goes inB、goes offC、goes outD、goes into
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He bought a new suitcase, ( ) is very high.A、the price of whichB、price of whichC、which priceD、the price
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使用SQL语句将表S中字段price的值大于30的记录删除,正确的命令是A.DELETE FROM s FOR price30B.DELETE FROM s WHERE price30C.DELETE s FOR price30D.DELETE s WHERE price30
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In grammar practice,substitution and__________drills are most frequently used in?mechanical practice.A.meaning
B.matching
C.correction
D.transformation
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价格;条款;花费( )。
A.price;spend;terms
B.price;spend;terms
C.price;terms;spend
D.terms;price;spend
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BookStore数据库中有图书表Book(BookCode,BookName,Author,PublisherCode,PublishTimePublishTime是datetime类型。显示图书的最高价、最低价、平均价、最高价与最低价之间的差值。SQL语句:SELECTMAX(Price)As最高价,MIN(Price)As最低价,Str(AVG(Price),6,2)As平均价()As最高价与最低价的差值FromBookA、(MAX-MIN)PriceB、MAX(Price)-MIN(Price)C、(MAX-MIN)(Price)D、MAX:Price-MIN:Price
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BookStore数据库中有图书表Book(BookCode,BookName,Author,PublisherCode,PublishTimePublishTime是datetime类型。将Book表中的所有“外语”类图书的价格降低10%,并将折扣均设为8折。SQL语句:UPDATEBookSET()WhereBookSort=‘外语‘。A、Price=Price*0.9,Discount=0.8B、Price=Price*(1-10%),Discount=0.8C、Price=0.9,Discount=0.8D、Discount=0.8,Price=Price*0.9
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现有书目表book,包含字段:price(float);现在查询一条书价最高的书目的详细信息,以下语句正确的是()A、select top 1 * from book order by price ascB、select top 1 * from book order by price descC、select top 1 * from book where price= (select max (price)from book)D、select top 1 * from book where price= max(price)
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在SQLServer数据库(排序规则为默认值)中,有一个产品表products,你想按照价格从小到大的顺序显示所有产品的名称(productname)和价格(price),可以实现该功能的T-SQL语句是()A、SELECT productname,price from products order by price ASCB、SELECT productname,price from products order by price DESCC、SELECT productname,price from products order by priceD、SELECT productname and price from products order by price DESC
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What are two types of ciphers?加密的两种方式是?()A、Transposition and Permutation.换位和置换B、Substitution and Replacement.替代和置换C、Transposition and Substitution.换位和替代D、Transposition and Shift.换位和转换
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You are a professional level SQL Server 2005 database administrator in an international corporation named Wiikigo. You are experienced in implementing high-availability solutions, monitoring the database server, and design deployment. In the company, you major job is the deployment, maintenance and support of Microsoft SQL Server 2005.You work as a database administrator for your company. A SQL Server 2005 database is utilized in your company. And a table named Inventory is contained by the database. A column named Price is included by the table. According to the company policy, you cannot reduce more than 10 percent the value in the Price column in any single database operation. Through many kinds of method, the company makes updates to the Price column. For instance, the utilization of ad hoc queries is one of the methods. Since you are the database administrator, you should confirm that this company policy takes its effect. Which action should be performed?()A、A stored procedure should be created, and changes are disallowed by the procedure to the Price column that violates company policy.B、On the Price column, a check constraint should be created, and a specified minimum value is required by the check constraint.C、A trigger should be created, and changes are rolled back by the trigger to the Price column that violates company policy.D、On the Price column, a foreign key constraint is created to a table that valid prices are included.
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单选题In grammar practice, substitution and ____ drills are most frequently used in mechanicalpractice.A
meaningB
matchingC
correctionD
transformation
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单选题At the beginning of the day, the prices of stocks X and Y are the same. At the end of the day, the price of stock X has increased by 1/20 of its original price and the price of stock Y has decreased by 1/20 of its original price. The new price of stock X is what fraction of the new price of stock Y?A
2/20B
19/21C
21/19D
18/20E
20/18
考题
单选题In grammar practice, substitution and ________drills are most frequently used in mechanical practice.A
meaningB
matchingC
correctionD
transformation
考题
单选题You are a professional level SQL Server 2005 database administrator in an international corporation named Wiikigo. You are experienced in implementing high-availability solutions, monitoring the database server, and design deployment. In the company, you major job is the deployment, maintenance and support of Microsoft SQL Server 2005.You work as a database administrator for your company. A SQL Server 2005 database is utilized in your company. And a table named Inventory is contained by the database. A column named Price is included by the table. According to the company policy, you cannot reduce more than 10 percent the value in the Price column in any single database operation. Through many kinds of method, the company makes updates to the Price column. For instance, the utilization of ad hoc queries is one of the methods. Since you are the database administrator, you should confirm that this company policy takes its effect. Which action should be performed?()A
A stored procedure should be created, and changes are disallowed by the procedure to the Price column that violates company policy.B
On the Price column, a check constraint should be created, and a specified minimum value is required by the check constraint.C
A trigger should be created, and changes are rolled back by the trigger to the Price column that violates company policy.D
On the Price column, a foreign key constraint is created to a table that valid prices are included.
考题
单选题The Owners to take over and pay all fuel remaining in the Vessel’s bunkers on re-delivery at current price at the port of redelivery,or at the nearest main bunkering port,if the bunker price at the port of redelivery is not available. This indicates that the Owners are to take over and pay the remaining bunkers().A
at current price at the nearest main bunkering portB
at current price at the port of redelivery if it is not available to obtain the current price at the nearest main bunkering portC
at current price at the nearest main bunkering port if it is cheaper than that at the port of redeliveryD
at current price at the port of redelivery if it is obtainable,even the price is higher at the nearest main bunkering port
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