首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
考研
In October 2002, Goldman Sachs and Deutsche Bank (1)_____ a new electronic market (www.gs.com/econderivs) for economic indices t
In October 2002, Goldman Sachs and Deutsche Bank (1)_____ a new electronic market (www.gs.com/econderivs) for economic indices t
admin
2014-06-13
49
问题
In October 2002, Goldman Sachs and Deutsche Bank (1)_____ a new electronic market (www.gs.com/econderivs) for economic indices that (2)_____ substantial economic risks, such as nonfarm payroll (a measure of job availability) and retail sales. This new market was made possible by a (3)_____ trading technology, developed by Longitude, a New York company providing software for financial markets, (4)_____ the Parimutuel Digital Call Auction. This is "digital" (5)_____ of a digital option: i.e., it pays out only if an underlying index lies in a narrow, discrete range. In effect, Longitude has created a horse race, where each "horse" wins if and (6)_____ the specified index falls in a specified range. By creating horses for every possible (7)_____ of the index, and allowing people to bet (8)_____ any number of runners, the company has produced a liquid integrated electronic market for a wide array of options on economic indices.
Ten years ago it was (9)_____ impossible to make use of electronic information about home values. Now, mortgage lenders have online automated valuation models that allow them to estimate values and to (10)_____ the risk in their portfolios. This has led to a proliferation of types of home loan, some of (11)_____ have improved risk-management characteristics.
We are also beginning to see new kinds of (12)_____ for homes, which will make it possible to protect the value of (13)_____, for most people, is the single most important (14)_____ of their wealth. The Yale University-Neighbourhood Reinvestment Corporation programme, (15)_____ last year in the city of Syracuse, in New York State, may be a model for home-equity insurance policies that (16)_____ sophisticated economic indices of house prices to define the (17)_____ of the policy. Electronic futures markets that are based on econometric indices of house prices by city, already begun by City Index and IG Index in Britain and now (18)_____ developed in the United States, will enable home-equity insurers to hedge the risks that they acquire by writing these policies.
These examples are not impressive successes yet. But they (19)_____ as early precursors of a technology that should one day help us to deal with the massive risks of inequality that (20)_____ will beset us in coming years.
选项
A、assume
B、assess
C、dismiss
D、erase
答案
B
解析
本题涉及一般的词汇知识。assess意为"评估",符合句意。
转载请注明原文地址:https://kaotiyun.com/show/EEK4777K
0
考研英语一
相关试题推荐
Whenyoungpeoplewhowanttobejournalistsaskmewhatsubjecttheyshouldstudyafterleavingschool,Itellthem:"Anything
ByintroducingthecaseofJones,Theauthorwantsto______Accordingtotheauthor,whatshouldtheemployerswhentryingto
Accordingtothetext,theSupremeCourtruledthat______.Theword"rampaging"(Para2)denotes______.
Atthebeginningofthecentury,medicalscientistsmadeasurprisingdiscovery:thatweare(1)_____notjustoffleshandbloo
Whatifarchitectscouldbuildlivingsystemsratherthanstaticbuildings—dynamicstructuresthatmodifytheirinternalande
ReadthefollowingChinesetextandwriteanabstractofitin80—100Englishwords.(10points)试论我国非物质文化遗产教育对培育大学生民族
Happinessisfashionablethesedays.Yetshouldweacceptthecommonviewthatthenew"science"ofhappinesshascementedthes
Itisnaturalforyoungpeopletobecriticaloftheirparentsattimesandtoblamethemformostofthemisunderstandingsbetw
Thispassagemainlytalksabout______.MacandDickmanagedallofthefollowingbusinessesexcept______.
随机试题
在军事学上被诠释为“进行战斗的原则和方法”的是()
Therearemanywaysof【C1】______educationatalllevels.Manyhighschools,colleges,communityordistrictadultschoolsas【C2】
通常所说的血型是指【】
A.胆道蛔虫症B.急性腹膜炎C.十二指肠壅滞症D.反流性食管炎E.胃黏膜脱垂上腹部胀痛,膝胸或俯卧位疼痛可缓解。见于
尿路感染的中医证型,不包括的是
下列各部体温由高到低正确的是
报关员在办理报关业务时未按规定在纸制报关单上加盖报关专用章的,海关对其一次记分的分值为2分。
根据以下资料,回答问题。截至2011年4月21日22时,沪深两市已有534家上市公司第一季度财报。这534家公司实现营业总收入4572.78亿元,同比增长30.74%;实现净利润336.7亿元,同比增长30.52%。不过,一季度销售收入和净利润环比则有所
A.knownB.ideaC.feelPhrases:A.butitmay【T9】______likeforeverB.apersonmayhaveno【T10】______whatiswrongC.w
Theconveniencestoreindustryhasbeen______ofthefastest-growingsectorsofretailingoverthepast20years.
最新回复
(
0
)