[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-18-030":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-18-030","18",30,"20X1 年 12 月 20 日，甲公司向乙公司買入乙公司發行之 C 公司認購權證 1,000 單位，可以每股$ 70 認購 C 公司股票 1,000 股(每單位認購 1 股)，付出權利金$3,500，當時 C 公司股票每股市價為$71。試問買入時，該認購權證每單位之時間價值為何？",[13,14,15,16],"$0","$1","$2.50","$3.50",2,"衍生性商品概論",1,"認購權證與選擇權相同，權利金＝內含價值＋時間價值。先算每單位權利金：3,500 ÷ 1,000 單位＝每單位 3.5 元。再算內含價值：每單位可用 70 元認購一股，當時股價 71 元，立刻履約可賺 71 － 70 ＝ 1 元。兩者相減，時間價值＝3.5 － 1 ＝ 2.5 元，故選 (C)；這 2.5 元是到期前股價續漲的機會價值，隨時間遞減、到期歸零。(A) 0 元是誤以為權證已無時間價值。(B) 1 元只算到內含價值。(D) 3.5 元是整筆每單位權利金，等於把內含價值也算進時間價值。","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-18-026","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？",26,1785157762026]