閱讀技巧 (Reading Comprehension)

 

Exercise 337
Purpose: Increasing technical reading comprehension skills /加強技術閱讀技巧

 

 

An effective work/research proposal consists of the following elements:

ü       Setting of work proposal工作提案建構 你工作提案的主題是什麼? 你的讀者可以明瞭工作提案的內容嗎?  

ü       Work problem工作問題 : 你的工作提案裡有你試著要解決或是想更進一步瞭解的問題嗎?

ü          Quantitative specification of problem 問題的量化 : 你要如何量化問題來讓你的讀者明白之前文獻研究所遇到的量化限制 ?

ü       Importance of problem問題的中心 如果問題沒被解決或是充分瞭解, 這對工作提案的讀者會有多大的負面衝擊?

ü          Work objective工作目標 工作提案的目標 ?

ü       Methodology to achieve objective 達成目標的方法 你的計劃中達成目標的步驟?

ü          Anticipated results希望的結果 你希望達成的結果?

ü       Contribution to field領域的貢獻: 你的提案對相關工作領域的貢獻?

Read the following work proposal from Writing Effective Work Proposals by Ted Knoy for a finance-related (財務相關分類) project:

 

An increasing number of interest rate derivative products

[                           ( xiv )

priced by the forward interest rate have highlighted the

 

empirical challenges of fitting forward rate yield curves to

 

current market data.  However, conventional methods, which

                      ]  [      ( ii )

only focus on fitting a yield curve and transforming it into a

 

forward rate curve, result in an unreasonable, extremely high or

 

negative forward rate,  such as 150% and -60%, respectively.

                        ]  [    ( xxv )                           ]

Pricing interest rate derivatives by adopting these

[      ( xii )              

inappropriate fitting forward rate methods will result in large

 

deviations from market data.

                               ]

 

Based on the above, we should develop a novel numerical model,

[                ( iv )

capable of directly deriving a reasonable forward rate curve in

 

one explicit function to correlate well with market data.  To do

                                                           ]   [

so, when including observable points, the forward rate curve of

                              ( x )

the proposed model can be expressed as a function of a

 

specified form with a finite number of parameters. The

 

maximum smoothness term can then be found within this

 

parametric family to derive the model.   As anticipated, the

                                         ]   [

proposed methods can provide the smoothest possible forward

                         ( vi )

rate curve which is consistent with the chosen functional form

 

and correlates with all observed market data on the yield curve.

                                                                     ]

Moreover, the proposed model can also provide an innovative

[                  ( xvi ) 

means of directly fitting the forward rate with maximum

 

smoothness and precision, providing a valuable solution for

 

pricing interest rate derivatives.

                                  ]

 

Match the parts of a work proposal with the sentences in the above proposal.

 

1.  Work objective工作目標 in the above proposal can be found in

A.             xiv

B.              iv 

C.              x

 

2.  Anticipated results希望的結果  in the above proposal can be found in

A.             xiv

B.              xii

C.              vi 

 

3.  Setting of work proposal工作提案建構 in the above proposal can be found in

A.             xiv 

B.              xvi

C.              iv

 

4.  Work problem工作問題 in the above proposal can be found in

A.             iv

B.              ii 

C.              xvi

 

5.  Importance of problem問題的中心 in the above proposal can be found in

A.             xxv

B.              vi

C.              xii 

 

6.  Quantitative specification of problem 問題的量化 in the above proposal can be found in

A.             xxv

B.              vi

C.              ii

 

7.  Contribution to field領域的貢獻 in the above proposal can be found in

A.             xv

B.              xvi 

C.              vi

 

8.  Methodology to achieve objective 達成目標的方法 in the above proposal can be found in

A.             xiv

B.              xii

C.             

 


Score =


 

 

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