Часть 2.

1. Переведите фразы из деловых писем на русский язык.

1. We are enclosing our payment instructions with this letter.

2. You failed to attach your payment order.

3. Please be advised that the payment instructions were not enclosed with your letter.

4. We acknowledged receipt of your letter of 15th December yesterday.

5. This telex was sent to the bank on the 19th of October.

6. We have forwarded these documents to the buyer.

7. Your telex enquiry of 22nd January has been received.

8. We thank you for your letter of 1st February.

9. We refer to your debit advice of 2nd March.

10. We inform you that your payment instructions are being carefully studied.

11. We acknowledged receipt of your remittance of 2nd March was accepted for collection.

12. You failed to enclose the payment instructions with your letter of 12th June.

13. Their bill No. 18 has not reached us.

14. Please refer to our telex of 8th June and confirm the payment.

15. With reference to your telex of 12th November we sent you the necessary confirmation on the 19th November.

2. Прочитайте текст, переведите на русский язык. Выпишите в тетрадь незнакомые слова с транскрипцией и переводом. Подготовьте текст на чтение и устный перевод.

HEDGING AND OPTIONS

Hedging transactions are those which protect the bank from adverse price movement. This can be done by matching a transaction. For example, if a bank lends USD 5 million for one month at 3% and borrows USD 5 million for one month at 3 % it is perfectly hedged and there is no risk of loss to the bank.

However, to lend and to borrow for the same period for the same interest rate will not produce any profit. To lend without an opposite hedging transaction would permit a better profit but there is greater risk of loss to the bank as borrowing rates may increase. A decision must therefore be made by the Risk Management Department to find an acceptable balance between risk and profits and decide how much to hedge while still permitting profits to be made from lending.

Hedging is also possible by purchasing some form of insurance, usually in the form of an option. An option is a contract that grants the buyer the right but not the obligation to buy or to sell a financial futures contract.

Basically an option provides protection against loss for the payment of a premium. Options are available for many purposes but are commonly used for protection against interest or currency exchange rate changes.

Контрольная работа № 2. Вариант 3.

Часть 1.

1. Поставьте все типы вопросов к предложению.

The Moscow times devotes much space to review of fairs and exhibitions held in Moscow.

2. Заполните пропуски модальными глаголами переведите предложения на русский язык.

1. The pupils … clean the dirty blackboard.

2. The children … not play on the road.

3. I …speak English.

4. Her grandmother…knit very well.

5. You …respect your parents.

6. He …work systematically if he wants to know French well.

7. You …to be always polite.

8. The train … to arrive at 11.30.

9. You … to consult a doctor.

10. You … be reаdу bу ninе.