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问题 单项选择题

假设某公司在未来无限时期支付的每股股利为5元，必要收益率为10%。当前股票市价为45元，则对于该股票投资价值的说法正确的是( )。

A．该股票有投资价值
B．该股票没有投资价值
C．依市场情况来确定投资价值
D．依个人偏好来确定投资价值

答案

参考答案：A

解析： 理论价格应该是5÷10%=50大于45的市场价格，因此具有投资价值。

阅读理解
阅读理解。
To: Jenny@126.com        From:  Liming@yahoo.com.cn
Subject: Autumn!            Date: 29/09/ 8:00 p.m.

Hello, Jenny!
     Today is the Mid-Autumn Festival (中秋节). We will watch the moon (月亮) tonight, and look for
Chang'e and Wu Gang. We usually eat mooncakes (月饼). They are round, like the moon. National Day
is also in autumn, on October 1st. My mother and father are usually free for seven days! We will do
many things together. I like going to the National Day celebration (庆祝). But the best thing in autumn
is my birthday. It's in October. I will be fifteen years old. Goodbye.
                                                                                                                                           Yours,
                                                                                                                                           Li Ming

To: Liming@yahoo.com.cn                 From: Jenny@126.com
Subject: _______!                             Date: 29/09/ 9:12 p.m.
Dear Li Ming,
     Thank you for your e-mail! I love autumn too. In Canada (加拿大), we have an autumn holiday
called Thanksgiving Day (感恩节). Family members always celebrate it together (一起). I will go to
my grandmother and grandfather's house. My uncles, aunts and their children will be there too.
     Canadian Thanksgiving Day is in early October. In America, they celebrate Thanksgiving Day in
late November.
     Have a good time on your birthday, Li Ming! On my birthday, I have a cake with candles. Everyone
sings the song "Happy birthday". Then I blow out (吹灭) the candles! Will you have a cake for your birthday?
                                                                                                                                         Your friend,
                                                                                                                                          Jenny
1. When is Li Ming's birthday?
[ ]
A. On September 29th.
B. In October.
C. On September 28th.
2. Americans celebrate Thanksgiving Day _____.
[ ]
A. in early October
B. in early November
C. in late November
3. —What do Canadians usually do on Thanksgiving Day?
   —They usually _____.
[ ]
A. eat cakes
B. stay together
C. watch the moon
4. The subject (主题) of Jenny's e-mail is "_____".
[ ]
A. National Day
B. Jenny's birthday
C. Thanksgiving Day
5. What can Li Ming and Jenny use (使用) when they e-mail to each other (彼此)?
[ ]
A. Pen.
B. Telephone.
C. Computer.
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单项选择题

某县邮政局要在某国道段埋设通信光缆，因其认为这是国家建设项目，在未经公路主管机关批准的情况下即开始施工。县公路路政管理所经检查发现该行为属违法行为，遂多次口头、电话通知其停止施工，补办相关手续并缴纳路产损失赔偿费。但该局照旧施工，县公路局了解情况后，以电话方式通知邮政局立即停止施工，并限期缴纳罚款3000元。邮政局不服诉至法院。对于公路局的行为，说法正确的是：( )

A．县公路局的处罚行为是合法的，因为邮政局的行为未经批准

B．县公路局的行为是违法的，因为其不具备法律规定的形式

C．县公路局的行为是在其职权范围内作出的，因此是合法的

D．县公路局的行为是违法的，因为邮政局是在实施国家建设项目
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