[{"data":1,"prerenderedAt":84},["ShallowReactive",2],{"chapter-futures_prac-c3":3},{"examName":4,"chapter":5,"questions":10},"期貨商業務員資格測驗——期貨交易理論與實務",{"name":6,"sort":7,"count":8,"slug":9},"避險交易",3,18,"c3",[11,16,20,24,28,32,36,40,44,48,53,57,61,65,69,73,77,81],{"id":12,"qno":13,"question":14,"session":15},"futures_prac-114-3-006",6,"下列敘述哪一項是正確的？","114-3",{"id":17,"qno":18,"question":19,"session":15},"futures_prac-114-3-007",7,"券商若發行指數型認購權證（Call Warrant），可在指數上漲時如何操作指數期貨避險？",{"id":21,"qno":22,"question":23,"session":15},"futures_prac-114-3-008",8,"最小風險避險比例（最佳避險比例）的估計式為 h，例如 h＝－0.5，試問「－」符號之意義為何？",{"id":25,"qno":26,"question":27,"session":15},"futures_prac-114-3-009",9,"智利礦商賣出銅期貨避險，何者會造成避險的不完全？",{"id":29,"qno":30,"question":31,"session":15},"futures_prac-114-3-010",10,"某廠商必須進口小麥，為了避險買進了 10 口小麥期貨，每口契約規格為 5,000 蒲氏爾(Bushels)。若基差由+40 美分放大為+60 美分，則避險的損益為何？",{"id":33,"qno":34,"question":35,"session":15},"futures_prac-114-3-031",31,"臺灣企業在瑞士發行以美元 SOFR 計息的浮動利率美元債券，如要確定每次付息的新臺幣金額，該企業應操作：",{"id":37,"qno":38,"question":39,"session":15},"futures_prac-114-3-032",32,"小華預期股票市場將上漲，同時預期一部分股票將下跌，小華應如何降低此部分股票對於賺取市場上漲報酬的負面影響？",{"id":41,"qno":42,"question":43,"session":15},"futures_prac-114-3-033",33,"下列何者會影響期貨避險之效果？",{"id":45,"qno":46,"question":47,"session":15},"futures_prac-114-3-034",34,"於 2022 年 4 月 20 日，6 月到期之黃金期貨價格為$1,790\u002F盎司，黃金現貨價格為$1,787\u002F盎司。假設某交易人擁有 100 盎司的黃金，為了防止黃金價格下跌，採取賣出等量黃金期貨。如果交易人於 6 月到期前即了結期貨部位，當時基差值轉至－5，則避險投資組合損益為：",{"id":49,"qno":50,"question":51,"session":52},"futures_prac-115-1-013",13,"小宜持有美國長期公債部位時，若預期油價將會上漲時，下列避險策略何者較為有效？","115-1",{"id":54,"qno":55,"question":56,"session":52},"futures_prac-115-1-015",15,"交易人持有現貨部位價值 St，同時，賣空等值期貨價格為 Ft。一直持有到期，試問於到期日時，交易人資產價值為何？（其中當時時間為 t，到期日為 T）",{"id":58,"qno":59,"question":60,"session":52},"futures_prac-115-1-017",17,"下列有關於指數期貨契約與系統性風險之間的描述，何者有誤？",{"id":62,"qno":63,"question":64,"session":52},"futures_prac-115-1-019",19,"為因應央行可能降息，導致浮動利率放款在未來的利息收入減少，公司可透過下列何種方式達到避險效果？",{"id":66,"qno":67,"question":68,"session":52},"futures_prac-115-1-020",20,"美商公司預計 5 個月後可收到日圓，公司的內部人員可如何避險？",{"id":70,"qno":71,"question":72,"session":52},"futures_prac-115-1-024",24,"有關期貨交易，下列敘述何者正確？",{"id":74,"qno":75,"question":76,"session":52},"futures_prac-115-1-025",25,"如果目前基差(Basis)為-10，未來基差一定會變成 20，下列何種交易策略將會保證獲利？",{"id":78,"qno":79,"question":80,"session":52},"futures_prac-115-1-030",30,"期貨契約的逐日結算制度於避險策略之影響為何？",{"id":82,"qno":38,"question":83,"session":52},"futures_prac-115-1-032","依美國之規定，客戶開立避險戶頭時，哪一敘述不正確？",1783661235478]