[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-19-036":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-19-036","19",36,"反向浮動債券在下列何種情況下能獲利？",[13,14,15,16],"利率下跌","利率上漲","利率波動大","利率波動小",0,"衍生性商品概論",1,"反向浮動債券的票息設計成一個固定值扣掉參考利率的倍數，利率往下走時票息反而墊高，同時債券本身的折現率也降低，票息與價格雙雙受惠，因此在利率下跌的環境獲利最豐，等於押注利率走低的多頭部位。反之利率上升時票息縮水甚至觸及零下限，價格跌幅又比一般固定利率債券更兇，存續期間被放大是它最大的風險來源。(B) 利率上漲正是它最不利的情境；(C)、(D) 只講波動幅度、沒有指出方向，而反向浮動的損益取決於利率往哪一邊走，並非單純的波動率交易，那是買賣選擇權部位才有的特性。","easy",[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？",26,1785170287574]