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2014年6月四级选词填空(优秀范文5篇) 第一篇:2014年6月四级选词填空2014年6月四级选词填空第二篇:InvestinginBondsInvestorslookingforguaranteedincomeandlimitedriskoftenturntoU.S.governmentbondsforasecureinvestment.Thesebondshavethefinancialbackingandfullfaithandcreditofthefederalgovernment.Municipalbondsareofferedbylocalgovernmentsandoftenhaveadvantagessuchastax-freeinterest.Somemayevenbeinsured.Corporatebondsareabitmoreriskyandchallenging.First-timecorporatebondinvestorsoftenasktwoquestions.Thefirstis,“IfIpurchaseacorporatebond,doIhavetoholdituntilthematuritydate?”No,youdonot.Bondsareboughtandsolddailyonmajorsecuritiesexchanges(thesecondarymarketwediscussedearlier).However,ifyoudecidetosellyourbondtoanotherinvestorbeforeitsmaturitydate,youmaynotgetitsfacevalue(usually$1,000).Ifyourbonddoesnothavefeaturesthatmakeitattractivetootherinvestors,likeahighinterestrateorearlymaturity,youmayhavetosellatadiscount,thatis,apricelessthanthebond’sfacevalue.Butifotherinvestorsdohighlyvalueit,youmaybeabletosellyourbondatapremium,apriceaboveitsfacevalue.Bondpricesgenerallyfluctuateinverselywithcurrentmarketinterestrates.Thismeansasinterestratesgoup,bondpricesfall,andviceversa.Likeallinvestments,however,bondshaveadegreeofrisk.Thesecondquestionis,“HowcanIevaluatetheinvestmentriskofaparticularbondissue?”Standard&Poor’s,Moody’sInvestorsService,andFitchRatingsratetheriskofmanycorporateandgovernmentbonds(lookbackatFigure19.3).Inevaluatingtheratings,recalltherisk/returntrade-off:Thehighertheriskofabond,thehighertheinterestratetheissuermustoffer.Investorswillinvestinabondconsideredriskyonlyifthepotentialreturn(interest)ishighenough.Infact,somewillinvestinbondsconsideredjunk.36.[A]advantages36空空前的have为实义动词,本空做宾语;且空后的suchas也有提示,本空需要名词。由于空前没有冠词,且空后是在举例,可知本空很可能需要可数名词复数。本句的also提示了与前句的并列,注意到前句是在向投资者推荐U.S.governmentbonds,称其为“安稳的投资”(secureinvestment),可见是在描述其优势;那么本句应当也是在描述Municipalbonds的优势。advantages符合与前句的并列。37空为表语,可考虑形容词、名词、动词分词等。注意到本句是顺承上句在描述Municipalbonds的优势,因此形容词可能性较大。上句描述Municipalbonds稳定的优势,本句的even提示本空所说的应当是在此基础上更进一步的优势。形容词中只有insured

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