[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-deriv_prac-20-039":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"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":17,"explanation":19,"difficulty":20},"deriv_prac-20-039","20",39,"關於選擇權，下列敘述何者正確？",[13,14,15,16],"價外選擇權含有時間價值及內含價值","價外選擇權含有時間價值並無內含價值","價內選擇權含有時間價值並無內含價值","價內選擇權無時間價值亦無內含價值",1,"衍生性商品概論","權利金由內含價值與時間價值兩塊組成。內含價值是立即履約能賺到的錢，買權為標的價減履約價、賣權為履約價減標的價，且不會小於零；時間價值則反映到期前價格仍可能往有利方向走的機會價值。價外代表現在履約並不划算，內含價值等於零，但只要還沒到期就有翻身機會，權利金全數是時間價值，(B) 正確。(A) 誤以為價外仍有內含價值。(C) 把價內、價外顛倒——價內履約有利，內含價值為正，未到期時另有時間價值。(D) 更不成立，價內選擇權至少有內含價值，權利金不可能歸零。唯有到期當天，時間價值才會消失殆盡。","easy",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"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":27,"question":28,"qno":29},"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":31,"question":32,"qno":33},"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":35,"question":36,"qno":37},"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":39,"question":40,"qno":41},"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":43,"question":44,"qno":45},"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？",26,1785157763574]