[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-19-029":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-19-029","19",29,"關於結構型商品風險，下列敘述何者錯誤？",[13,14,15,16],"投資人必須承擔發行機構的信用風險，也就是可能會面臨本金無法回收的風險","一般而言信用評等為 S&P AAA 的債券，違約風險較 BBB 的低","結構型商品的市場風險，最主要來自於選擇權端","結構型商品中的固定收益端，從發行到到期前並沒有市場風險",3,"衍生性商品概論",1,"結構型商品可拆成固定收益端與選擇權端。固定收益端多半是零息或附息債券，其現值隨市場利率變動而反向波動，到期前若提前贖回或按公允價值評價，一樣會出現價差損益，因此說它從發行到到期前沒有市場風險並不成立，(D) 為應選的錯誤敘述。(A) 正確，保本承諾是由發行機構的信用支撐，發行人倒閉時保本隨之落空；(B) 正確，AAA 屬最高信用等級，違約率統計上低於投資等級最低階的 BBB；(C) 正確，選擇權端的價值受標的價格、波動率與剩餘期間影響，變動幅度遠大於債券端，是市場風險的主要來源。","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？",26,1785157762767]