单项选择题

According to the passage, if share prices are below NAV, closed-end funds will be______.

A．at a discount
B．at a fall
C．at a premium
D．at a rise
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单项选择题
The passage is mainly talking about______.
A．the credit-card industry in Britain
B．the story of the philanthropist Joshua
C．credit cards for sub-prime borrowers
D．Provident's new credit card named Vanquis
单项选择题
We can infer from the passage that several sub-prime credit-card providers failed in 2000 because______.
A．delinquencies in the sub-prime market were higher then
B．there were fewer borrowers they can lend money to
C．they were not as choosy as the survivors were
D．more people with poor credit records borrowed money from them
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