新视野大学英语视听说教程版第三册unit10答案(含听力原文)

Basic Listening Practice 1. Script

W: Let me recommend my brother to you. He’s really done well in the stock market over the last few years.

M: The real question is this: How have you dine by taking his advice Q: What does the man mean

2. Script

M: Many investors jump on IPOs, hoping to get rich by getting into a stock early before it goes up.

W: But isn’t that a bit like buying a book without reading it I mean, what if it doesn’t go up

Q: What is the woman’s opinion

3. Script

W: The Dow was down again today. It’s hard to make money when high fuel prices are killing the stock market.

M: There’s still money to be made. If you bought oil futures three months ago, you’d be smiling right now.

Q: What can we learn from the dialog

4. Script

M: I can’t wait to get back to my computer. Online share trading has totally changed the stock market and the lives of investors. Hook up to the Internet and be your own broker!

W: In other words you can cut out the middle man now. For about ＄500, you can open an account and begin buying and selling shares from your own home, 24 hours a day.

Q: Which of the following is true if they want to trade shares on the Internet

5. Script

M: Hold onto your hat! We’ll be rich. I’m buying shares in a new company. M: You can’t buy IPO shares unless you have a big active with a broker. The day of dot-com fortunes from IPOs are over.

Q: According to the conversation, what is the condition for buying IPO shares.

Listening In

Task 1: Tell me about the stock exchange. Script

George: I’m supposed to give a presentation on the stock exchange, but I don’t

yet know a thing about it. Could you give me some tips

Diana: The problem with you is that you’ve skipped too many classes. Now, let me give you a few tips. First of all, you need to define the stock exchange. It’s an organization of brokers and investment bankers. In Europe it is often called a bourse.

George: Could you tell me more about it Like, how does it work

Diana: It provides facilities for the trading of company stocks, mainly the location

and the record-keeping devices.

George: Can I go and trade there

Diana: It depends. You have to be a member of the exchange before you can buy and

sell shares there. They call it having “a seat” on the exchange.

George: Something they use the term “stock market”.

Diana: Well, the trading of stock on stock exchanges is called the stock market. George: How can a company be listed on the stock exchange

Diana: It has to meet certain requirements. To be listed on the New York Stock

Exchange last year, for example, a company had to have issued at least a million shares of stock worth＄16 and had to have had more than ＄ million net income.

George: Wow, that’s a huge sum! Small companies haven’t got a chance. Diana: Big companies have more influence on the stock prices after all. George: I see what you mean.

Stock exchange a thing some tips define investment bankers Europe a member stock market requirements a million shares net income

Task 2: Stockbroker helps Mr. Junkie to short

Script

ABC stock reached＄155. “＄155” for a stock that should be valued at＄100. Wow! “That’s it,” I said to myself. “It’s time I make a decision. I’m going to short that stock.” I thought to myself, “This stock is overvalued. It can’t remain at the present level for long. This means money in the bank.” So I phoned my broker.

“I want to place a trade. I want to short 1,500 shares of ABC.

“I’m sorry, Mr. Junkie,” he said, “I can’t process that for you. Your account is cash account. You need a margin account to short a stock. I can send you the application form or you nearest financial institution to fill out the forms.” The minute I got of the phone, I heard out the door because time is money. I ran

to the financial institution to fill out the form and sent it to the broker by express mail service. Next morning I called him.

“Hello, it’s Mr. Junkie. Did you get my application “Yes.”

“Great, I would like to short ABC then.”

“One minute please…I’m sorry, Mr. Junkie, but you now need a shorter’s account.” “What! You mean the margin account isn’t enough”

“No, you also need a shorter’s account. Any financial institution nearby has the forms.”

Off I ran again. I completed the form and had a taxi deliver to my broker. In the afternoon I called again.

“Hello, it’s Mr. Junkie. I want to short 1,500 shares of ABC at ＄155.” A few moments later he answered, “Mr. Junkie, I am sorry, but I don’t think that is possible.” “Why not”

“Well, the last trade went through at ＄99.”

F 1. The broker did not believe ABC stock could remain at ＄155 for long. T 2. Mr. Junkie wanted to short 1,500 shares of ABC.

T . Junkie could get a margin account through either a financial institution or

his broker.

T 4. To short a stock, one needs both a margin account and a shorter’s account. F 5. Mr. Junkie asked a taxi driver the forms for a margin account to the broker.

Task 3: Who am I if I own stocks

Script

When a person buys stocks in a company, that person becomes a shareholder in that