[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-deriv_prac-20-032":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-20-032","20",32,"關於期貨與選擇權契約，下列敘述何者錯誤？",[13,14,15,16],"-買權+期貨 = -賣權","+期貨+賣權 = +買權","-買權+賣權 = +期貨","+買權-期貨 =+賣權",2,"衍生性商品概論",1,"買賣權平價關係的核心等式是「買進買權加賣出賣權等於買進期貨」，寫成 ＋買權－賣權 ＝ ＋期貨。(C) 寫的是 －買權＋賣權 ＝ ＋期貨，左邊其實是核心等式的反向部位，相當於賣出期貨，兩邊方向剛好顛倒，屬錯誤敘述。用數字驗證更清楚：履約價與期貨價都取 100，標的跌到 80 時，－買權＋賣權的損益是＋20，買進期貨卻是－20。其餘三式都由同一等式移項而來：(A) －買權＋期貨 ＝ －賣權、(B) ＋期貨＋賣權 ＝ ＋買權、(D) ＋買權－期貨 ＝ ＋賣權，代入 80 與 120 兩種情境兩邊皆相等。","hard",[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？",26,1785157763509]