[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-20-027":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-20-027","20",27,"下列何者是各類型之選擇權其權利金由低至高的排列順序？",[13,14,15,16],"亞洲式、歐式、美式","歐式、亞洲式、美式","美式、歐式、亞洲式","歐式、美式、亞洲式",0,"衍生性商品概論",1,"權利金高低取決於買方拿到多少權利，以及標的價格波動能被反映多少。亞洲式選擇權以期間內的平均價格計算履約損益，平均這個動作本身就抹平了波動，結算價落在極端值的機會變小，權利金最便宜；歐式只能在到期日當天履約，權利居中；美式在到期前隨時可以履約，買方多了一項擇時的權利，賣方承擔的不確定性最高，權利金也最貴。由低到高就是亞洲式、歐式、美式，選 (A)。其餘三個排序不是把美式擺在歐式之前，就是讓亞洲式變成最貴，與權利越多、價格越高的原則相反。","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？",26,1785157763423]