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Passage 3  ● Read the article below about portfolio—a good way of investment.
  ● In most of the lines 41-52 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text some lines, however, are correct.
  ● If a line is correct, write CORRECT on your Answer Sheet.
  ● If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your Answer Sheet.
  ● The exercise begins with two examples, (0) and (00).
  Example:
HWOCRTEMP_ROC110  0. Very few people are able to achieve all of their investment objectives with a single
  00. investment vehicle. As a consequence, most of investors eventually assemble a collection
  41. of various investments—portfolio. Financial advisors typically recommend that the
  42. portfolio would be diversified. A well-diversified portfolio might include a mix of
  43. stocks, bonds, gold, money-market funds, real estates. Ideally, the investments in
  44. the portfolio should balance each other in the terms of their sensitivity to various forms
  45. of risk. For example, some should be relatively immure to the effects of recession,
  46. while others should be hold up well in times of high inflation. The portfolio might also
  47. be selected to provide a. mix. of various types of return. Basically, there are two only
  48. ways to make more money in investment: through a capital gain or through dividend and
  49. interest payment. For example, a growth stock might provide a capital gain of 10%
  50. but a dividend of only 2%: although a high grade corporate bond might provide a capital
  51. gain of only 2%but a dividend of 7%. By mixing up the investment vehicles in your
  52. portfolio, you must can increase your chances of making money in these two ways.

发布日期:2021-08-15

Passage 3  ● Read the article below about portfoli...

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国外英语考试

剑桥商务英语证书考试(BEC)

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