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2014年6月大学英语六级考试真题(一) Part I Writing (30 minutes) Part III Reading Comprehension (40 minutes)Section ADirections: 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 care fully before making your choices. Each choice in the bank is identified by a letter. Please mark the corresponding letter for each item on Answer Sheet2 with a single line through the centre. You may not use any of the words in the bank more than once.Questions 36 to 45 are based on the following passage. For investors who desire low risk and guaranteed income, US government bonds are a secure investment because these bonds have the financial backing and full faith and credit of the federal government. Municipal bonds, also secure, are offered by local governments and often have 36such as tax-free interest. Some may even be 37. Corporate bonds are a bit more risky. Two questions often 38first-time corporate bond investors. The first is If I purchase acorporate bond, do I have to hold it until the maturity date? The answer is no. Bonds are bought and sold daily on 39securities exchanges. However, if you decide to sell your bond before its maturity date,youre not guaranteed to get the face value of the bond. For example, if your bond does not have 40that make it attractive to other investors, you may be forced to sell your bond at a 41,i.e., a price less than the bonds face value. But if your bond is highly valued by other investors, you maybe able to sell it at a premium, i. e., a price above its face value. Bond prices generally 42 inversely (相反地) with current market interest rates. As interest rates go up, bond prices fall, and viceversa (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?Stand
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