[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-19-049":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-19-049","19",49,"關於投資信用結構型商品(Collateralized Debt Obligation,CDO)，下列敘述何者錯誤？",[13,14,15,16],"信用評等代表信評機構對該 CDO 信用品質的意見，並非對其信用品質的保證","信用評等不能完全反映 CDO 的真實風險","信評機構會評估 CDO 市場價值波動的風險","信評機構授予每檔 CDO 信評後，會持續監控表現",2,"衍生性商品概論",1,"信用評等回答的問題是「這檔證券未來會不會違約、預期損失多大」，也就是信用品質，並不涵蓋市價的漲跌。(C) 說信評機構會評估 CDO 市場價值波動的風險，正是把信用風險與市場風險混為一談——CDO 次級市場流動性薄弱，價格常因信用利差擴大與市場情緒而劇烈波動，這一塊不在評等意見的射程內，得由投資人自行承擔，敘述錯誤。(A) 評等只是意見而非保證，是信評機構一貫的立場。(B) 金融海嘯已證明高評等的 CDO 一樣可能重挫，評等無法完全反映真實風險。(D) 授予評等後持續監控並適時調升調降，是信評作業的常態。","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？",26,1785157762989]