[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-deriv_prac-18-033":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"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":17,"explanation":19,"difficulty":20},"deriv_prac-18-033","18",33,"為了獲得高於相同天期債券的報酬，下列何者是設計「優利型」結構型商品所採取的策略？",[13,14,15,16],"買入選擇權","賣出選擇權","連結交換契約","連結遠期契約",1,"衍生性商品概論","優利型結構型商品訴求的是收益要高於同天期債券或定存，而這個超額收益不會憑空出現，來源正是客戶 (B) 賣出選擇權所收取的權利金。銀行把債息或定存孳息再加上這筆權利金一起回饋，帳面利率自然拉高；代價是客戶身為選擇權賣方負有履約義務，一旦連結標的走勢觸及約定條件，就可能被以不利價格轉換幣別、承接標的或折損本金，因此優利型多半不保本。(A) 買入選擇權要付出權利金，會壓低收益，那是保本型的做法。(C)(D) 連結交換或遠期契約屬義務對稱的部位，本身不產生權利金收入，做不出高於市場利率的票息。","medium",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"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":27,"question":28,"qno":29},"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":31,"question":32,"qno":33},"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":35,"question":36,"qno":37},"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":39,"question":40,"qno":41},"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":43,"question":44,"qno":45},"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？",26,1785157762063]