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[主观题]

Private equity funds often pay less than operating companies for similar acquisitions.

Why?类似的收购,私募股权基金通常比运营公司支付更少。为什么?()

A、ThePEfundhasfewersynergies私募股权基金的协同效应较少

B、ThePEfundhasagencyproblems私募股权基金存在代理问题

C、ThePEfundisoverlydependentondebtfinance私募股权基金过度依赖债务融资

D、ThePEfundismoreriskaverse私募股权基金更加厌恶风险

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更多“Private equity funds often pay less than operating companies for similar acquisitions.”相关的问题

第1题

PE是Private Equity的缩写,是指天使投资。()

此题为判断题(对,错)。

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第2题

According to President F. D. Roosevelt, the funds for basic research in public colleges an
d universities would he ______.

A.endowed by state government

B.provided by federal government

C.solved by universities themselves

D.donated by private companies or rich people

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第3题

Whats the broad consensus of opinion found by the panel in a draft preface to the recommen
dations?

A.NBAC would ask Clinton"s 90-day ban on federal funds for human cloning be extended indefinitely.

B.It is morally unacceptable to attempt to create a human child by adult nuclear cloning.

C.It is a crime for private funding to be used for human cloning.

D.The research on the cloning of human DNA or cells are routine projects in molecular biology.

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第4题

Jenson Button, CFA, is a product development manager at a private equity fund. He is in ch
arge of developing and promoting a new structured financial product, CBO (bond obligation), which includes many emerging-market corporate bonds. In the product-related catalog, Button discloses a list of selected underlying bonds. The catalog also mentions about one independent collateral agency, who has discretion over the selection of all corporate bonds. In fact, Button has discussed with the collateral agency manager many times and instructed him to select bonds for the CBO. Button is most likely to violate which of the following CFA Institute Standards of Professional Conduct?

A.Disclosure of Conflicts.

B.Suitability.

C.Diligence and Reasonable Basis.

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第5题

听力原文: We know that we have to pay for what we get. If we buy food, we know there will
be a bill to pay. These are private bills. But there are also public bills that must be paid. Public bills are paid by the government. In turn, we get these services through taxes. What would happen if everyone in the city stopped paying taxes? The water supply would stop; water might become unclean and impure. The streets might not be cleaned. There would be no police force to protect people and property. Schools would be closed. People would become sick and diseases might spread. We should not want to live in such a city. We all want pure water and food, clean streets and good schools. We want the police to prevent crime. The chief duty for every government is to protect persons and property. More than three quarters of the money spent by our government is used for this purpose. The next largest amount of public money goes to teach and train our citizens. Billions of dollars each year are spent on schools and libraries. Public money is used to pay the teachers and all the public officials. A large number of public funds are also spent on roads.

The greatest part of necessary funds is raised by taxes. A tax is money that we all must pay to support the government. The law orders us to pay taxes. We have no choice in the matter. Almost everyone pays some taxes in one form. or another.

(30)

A.By taxing public services.

B.By providing needed services.

C.By making people pay for private bills.

D.By collecting taxes.

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第6题

While, almost every department of the federal government is concerned about and involved w
ith some aspects of education, and【C1】______.federal government influence is an important【C2】______in education, the regulation of education at all【C3】______remains a responsibility of the states. Policies of education institutions,【C4】______public 'and private are largely determined by【C5】______groups of citizens, and administration of education is in tike【C6】______of officials of state, local, and private agencies.

There has been an U.S. Office of Education【C7】______1867 and it was the Education Division of the federal Department of Health, Education, and Welfare since 1953. In 1979 it became the Department of Education to【C8】______policies and administer and coordinate (协调) more than 150 federal aid-to-education【C9】______,such as student loan programs, education programs【C10】______migrant workers.

【C11】______of the principal functions of the Department of Education today is the【C12】______to the States of tile large sums of money given by Congress for【C13】______purposes. The money must be used for the【C14】______ specified by Congress, but the states【C15】______have the responsibility for distributing it and for【C16】______use in educational pursuits within their borders.【C17】______recent years some funds from federal agencies have been【C18】______for direct aid to schools, colleges, and universities for research, construction of facilities, and development of curriculums and library resources regarded as important in the national【C19】______. The institutions must submit applications for the money to get approval【C20】______the federal agencies dealing with the funds.

【C1】

A.when

B.while

C.since

D.as

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第7题

听力原文:We know that we have to pay for what we get. If we buy food, We know there will b

听力原文: We know that we have to pay for what we get. If we buy food, We know there will be a bill to pay. These are private bills. But there are also public bills that must be paid. Public bills are paid by the government. In turn we get these services through taxes. What would happen if everyone in the city stopped paying taxes? The water supply would stop; water might become unclean and impure. The streets might not be cleaned. There would be no police force to protect people and property. Schools would be closed. People would become sick and diseases might spread. We should not want to live in such a city. We all want pure water and food, clean streets and good schools. We want the police to prevent crime. The chief duty for every government is to protect persons and property. More than three quarters of the money spent by our government is used for this purpose. The next largest amount of public money goes to teach and train our citizens. Billions of dollars each year are spent on schools and libraries. Public money is used to pay the teachers and all the public officials. A large number of public funds are also spent on roads.

The greatest part of necessary funds is raised by taxes. A tax is money that we all must pay to support the government. The law orders us to pay taxes. We have no choice in the matter. Almost everyone pays some taxes in one form. or another.

(26)

A.By taxing public services.

B.By making people pay for private bills.

C.By providing needed services.

D.By collecting taxes.

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第8题

听力原文: Education is required and free for every child in the United States. Most childr
en start by the age of six. They attend eight years of elementary school and four years of high school (or secondary school). The money for flee public schools comes from taxes, and each state is responsible for its own educational system. State legislatures set the educational requirements but leave the management of the schools in the hands of the local communities. Most states require their children to go to school until a certain age: this age varies from 16 to 18 years according to the laws of the individual states. The federal government contributes funds to the states for additional schools and school services.

After graduation from high school, a student can start his higher education in a two-year college, a four-year college, a university, or a specialized professional school, either public or private. Most colleges admit students on the basis of their high school records. The cost of a college education is expensive in private universities, but it is much less than those supported by states and cities. Many students receive scholarship from the schools, the government, or private foundations and organizations. More than 50% ' of the college students work to help pay their college expenses. Only 2% of the population of the country cannot read told write.

(30)

A.From taxes.

B.From the state legislatures.

C.From the Federal government.

D.From the parents of the school children.

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第9题

听力原文:Education is required and free for every child in the United States. Most childre

听力原文: Education is required and free for every child in the United States. Most children start by the age of six. They attend eight years of elementary school and four years of high school(or secondary school) . The money for free public schools comes from taxes, and each state is responsible for its own educational system. The state authorities set the educational requirements but leave the management of the schools in the hands of the local communities (29) . Most states require their children to go to school until a certain age: this age varies from 16 to 18 years according to the laws of the individual states. The federal government contributes funds m the states for additional schools and school services. After graduation from high school, a student can start his higher education in a two-year college, a four-year college, a university, or a specialized professional school-either public or private. Most colleges admit students on the basis of their high school records (30) . The cost of a college education is expensive in private universities, but it is much less in those supported by states and cities. Many students receive scholarships from the schools, the government, or private foundations and organizations. More than 50% of college students work to help pay their college expenses (31) . only 2% of the population of the country cannot read and write.

(30)

A.The federal government.

B.Individual schools.

C.The respective states.

D.Local communities.

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第10题

College costs vary quite a bit, depending upon the type of school attended. For example, at many of
the more expensive private schools, ______ costs (including tuition, room, board, books, travel to and from home, and other expenses) may ______ $20,000. Of course, public universities are much cheaper. At these schools, tuition is ______ higher for out-of-state students than it is for those whose ______ residence is within that state. Tuition at community. colleges ______ about half the in-state cost of public, four-year colleges and universities.

For those that cannot afford the cost of a college education, ______ aid is the answer. Students in the U.S.A. received about $20 billion per year in financial aid. In recent years, nearly 75% of students in postsecondary programs have been receiving some form of financial aid. There are three main types of financial aid: (a) ______ (grant), which are gifts that students do not repay; (b) ______ to students and/or their parents; and (c) student ______ (work/study), a part-time job which the school gives the student for the academic year. Most financial assistance to outstanding students who do not need the money (commonly called merit-based aid) is limited.

The funds for all of this aid come from three main sources--the federal government, state government, and private ______. Every American college and university has a financial aid office to help students find out what kind of aid they might be qualified to get and to assist them in completing the complicated application forms. Aliens who are permanent residents in the U.S.A. are qualified to receive government assistance, but foreign students are not.

A) financial B) annual C) scholarships D) loans E) prejudice

F) exceed G) constant H) yield I) averages J) permanent

K) employment L) manufacture M) significantly N) entertainment O) contributions

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第11题

许多发展中国家外债(例如,阿根廷)的很大部分是由预期货币贬值而产生的资本外流(合法或非法)引起的。(政府和

许多发展中国家外债(例如,阿根廷)的很大部分是由预期货币贬值而产生的资本外流(合法或非法)引起的。(政府和中央银行借入外国货币来维持本国的汇率,这些资金却又会流到私人手中并进一步流到纽约和其他地方的银行账户。)由于资本外流会带给政府大量债务,同时也会给将资金带到国外的本国人带来相应的外国资产,从整体来看国家净债务并未改变。这是否意味着主要由于资本外流而形成政府外债的国家就没有债务问题了?

The external debt buildup of some developing countries(such as Argentina)in the 1970s was in part due to(legal or illegal)capital flight in the face of expected currency devaluation.(Governments and central banks borrowed foreign currencies to prop up their exchange rates,and these funds found their way into private hands and into bank accounts in New York and elsewhere.)Since capital flight leaves a government with a large debt but creates an offsetting foreign asset for citizens who take money abroad,the consolidated net debt of the country as a whole does not change.Does this mean that countries whose external government debt is largely the result of capital flight face no debt problem?

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