[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-18-026":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"deriv_prac","衍生性金融商品銷售人員資格測驗——衍生性金融商品概論與實務","c1",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"deriv_prac-18-026","18",26,"證券商與銀行可以利用「資產交換」的方式，將可轉換公司債分解成哪兩大部分？",[13,14,15,16],"普通公司債和股票買權","普通公司債和股票賣權","可提前贖回公司債和股票買權","可提前贖回公司債和股票賣權",2,"衍生性商品概論",1,"可轉換公司債資產交換，是把一張可轉債同時具備的債權與轉換權拆開，賣給需求不同的兩種投資人。債券端的買方多是想賺固定收益的法人，但可轉債本身附有發行人的贖回條款與投資人的賣回條款，現金流可能提前結束，因此拆出來的固定收益部分是 (C) 可提前贖回公司債，而不是 (A)(B) 所說的普通公司債。選擇權端則把以約定價格轉換成發行公司股票的權利交給另一方，股價上漲才有價值，屬股票買權，也就是市場俗稱的 CBAS 選擇權。(B)(D) 把它說成股票賣權，獲利方向完全相反。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"deriv_prac-18-017","δ(Delta)變動所引發選擇權價值變動的風險，係指下列何者？",17,{"id":28,"question":29,"qno":30},"deriv_prac-18-018","結算前風險可以區分為現有違約風險及潛在違約風險，關於違約風險，下列敘述何者錯誤？",18,{"id":32,"question":33,"qno":34},"deriv_prac-18-022","臺灣市場上所稱之「連動債」或「結構債」，其本質係屬於下列何者？",22,{"id":36,"question":37,"qno":38},"deriv_prac-18-024","台灣的某家進口廠商預期在 3 個月後須支付一筆歐元 100,000，在無做任何避險交易下，廠商所擔心的是，屆時台幣將會作何變化？",24,{"id":40,"question":41,"qno":42},"deriv_prac-18-025","「利率上限」(interest rate cap)簡稱為 Cap，以下敘述何者為正確？",25,{"id":44,"question":45,"qno":46},"deriv_prac-18-027","保本型外幣組合式商品結構為：",27,1785157761984]