文档介绍:2019 年6 月六级阅读真题及答案
2014 年 6 月六级阅读真题及答案
Section A
Directions :In this section, there is a passage with ten
blanks,You are required to select One word for each blank
from a list of choices given in a word bank following the
passage.
Read the passage through carefully before making your
choices. Each choice in the bamk is identified by a
mark the corresponding letter for each item on
Answer Sheet 2 with a single line through the centre You may
not use any of the words in the bank more than once.
For investors who desire low risk and guaranteed
income,. Government bonds are a secure investment because
these bonds have the financial backing and full faith and
credit of the federal bonds,also
secure,are offered by local governmengts and often
have____36______such as tax-free may even be
bonds are a bit more risky.
Two questions often_____38_____first-time corportate
bond first is ”If I purchase a corportate
bond,do I have to hold it until the matueity date? ”The
answer is are bought and sold daily on
____39_____securities ,if your bond does not
have____40_____ that make it attractive to other investors,
you may be forced to sell your bond at ., a
price less than the bond ’s face value. But if your bond is
highly valued by other investors, you may be able to sell it
at a premium, ., a price above its face value. Bond prices
gcncrally____42____ inversely ( 相反地)with current market
interest rates. As interest rates go up, bond pnccs tall, and
vice versa ( 反之亦然).Thus, like all investments ,bonds have
a degree of risk.
The second question is “How can I ___43_______ the
investment risk of a particular bond issue? ” Standard &
Poor’s and Moody’s Investors Service rate the level of risk
of many corporate and government bonds. And ____44______, the
higher the market risk of a bond ,the higher the interest
rate.