Come on, or _____ the plane!1) we ll miss2) we have missed3) we are missing4) we miss

The music in this day sounds everywhere: in concert halls, on the streets, in the apartments.
On this day, with parades of orchestras and concerts.
Silence on this day in France do not exist. And not just during the day but at night, as the holiday lasts until morning.

1. A bond is …


2. Interest paid on bond is …


3.
Issuing too much stock …


текст:



PRIMARY METHODS HOW TO RAISE NEW CAPITAL

ISSUING BONDS. A bond is a written promise to pay a
specific amount of money at a certain date in the future or periodically over
the course of a lo an, during which time interest is paid at a fixed rate on
specified dates. Should the holder of the bond wish to get back money before
the note is due, the bond may be sold to someone else. When the bond reaches
“maturity”, the company promises to pay back

the principal at its face value.

Bonds are desirable for the company because the
interest rate is lower than in most other types of

– borrowing. Also, interest paid on bonds is a tax
deductible business expense for the corporation. The disadvantage is tha t
interest payments ordinarily are made on bonds even when no profits are earned.
For this reason, a smaller corporation can seldom raise much capital by issuing
bonds.

SALES OF COMMON STOCK. Holders of bonds have lent
money to the company, but they have no voice in its affairs, nor do they share
in profits or losses. Quite the reverse is true for what are known as “equity”
investors who buy common stock. They own shares in the corporation and have
certain legal rights including, in most cases, the right to vote for the board
of directors who actually manage the

company. But they receive no dividends until interest
payments are made on outstanding bonds.

If a company’s financial health is good and its assets
sufficient, it can create capital by voting to iss

ue additional shares of common stock. For a large
company, an investment banker agrees to guarantee the purchase of a new stock
issue at a set price. If the market refuses to buy the issue at a minimum
price, the banker will take them and absorb the loss. Like printing paper
money, issuing too much stock diminishes the basic value of each share.

quickly to us. 3. Where is my daughter? I (not/see) her! 4. Don`t take this book! It (belong) to our teacher. 5. They (watch) a film on television at the moment. 6. She (hate) that kind of films, doesn`t she? 7. In the morning she (take) the bus to school. 8. Do you want to go for a walk now? No, I (prefer) staying at home.

loyal b) bonus c) pay

2 ___________ people are self-employed.

a) A lot of b) A bit of c) Substantial

3 The organisational ____________ in our company is like a pyramid.

a) status b) subordinate c) hierarchy

4 If the phone rings, we’ll ____________ it.

a) avoid b) admit c) ignore

5 I like ___________ meetings where everyone is relaxed.

a) unformal b) informal c) disformal

6 Our market ____________ has fallen by 3% this year.

a) place b) share c) leader

7 I’ll meet you __________ Monday 1st.

a) on b) at c) in

8 You need to cut your spending. We’re on a really ___________ budget.

a) finance b) tight c) borrow

9 Local companies need a _____________ attitude to doing business abroad.

a) stable b) positive c) strong

10 I got my first job with the company on their graduate trainee ___________.

a) placement b) location c) scheme

11 You’ll need to _____________ an interview after you apply.

a) invite b) attend c) wait

12 After university I had to pay off my ____________.

a) debts b) accounts c) discounts

13 Many online banks are trying to protect customers from __________ and theft.

a) premiums b) claims c) fraud

14 I’ve asked three times for my money back but they still refuse to give me a ___________.

a) return b) satisfaction c) refund

15 The Just-in-time consultants say we need to reduce the ____________ in our warehouses.

a) stocks b) resources c) shares

television you often come_across an item of an economic nature. It
may be one about unemployment, inflation or perhaps the balance
of payments.
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a) go
b) went
c) have been
d) had been

'Are you going out with us now?'
'Oh,no,we ______ breakfast at the moment.
a) have
b) are having
c) have had
d) have been having.