[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-futures_prac-115-1-019":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"futures_prac","期貨商業務員資格測驗——期貨交易理論與實務","c3",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":17,"explanation":19,"difficulty":20},"futures_prac-115-1-019","115-1",19,"為因應央行可能降息，導致浮動利率放款在未來的利息收入減少，公司可透過下列何種方式達到避險效果？",[13,14,15,16],"買入利率上限型契約(Cap)","取得支付浮動利率、收取固定利率之遠期利率協定部位","取得支付固定利率、收取浮動利率之息票利率交換(Fixed vs.Floating Swap)部位","取得政府公債期貨短部位",1,"避險交易","降息使浮動利率放款收入減少，須取得「收固定、付浮動」部位以鎖定固定收入補償，選(B)遠期利率協定。(C)為付固定收浮動方向相反、降息更虧;(A)Cap保護利率上升非下降;(D)公債期貨空頭在降息(債價漲)受損。","hard",[22,26,30,34,38,42],{"id":23,"question":24,"qno":25},"futures_prac-114-3-006","下列敘述哪一項是正確的？",6,{"id":27,"question":28,"qno":29},"futures_prac-114-3-007","券商若發行指數型認購權證（Call Warrant），可在指數上漲時如何操作指數期貨避險？",7,{"id":31,"question":32,"qno":33},"futures_prac-114-3-008","最小風險避險比例（最佳避險比例）的估計式為 h，例如 h＝－0.5，試問「－」符號之意義為何？",8,{"id":35,"question":36,"qno":37},"futures_prac-114-3-009","智利礦商賣出銅期貨避險，何者會造成避險的不完全？",9,{"id":39,"question":40,"qno":41},"futures_prac-114-3-010","某廠商必須進口小麥，為了避險買進了 10 口小麥期貨，每口契約規格為 5,000 蒲氏爾(Bushels)。若基差由+40 美分放大為+60 美分，則避險的損益為何？",10,{"id":43,"question":44,"qno":45},"futures_prac-114-3-031","臺灣企業在瑞士發行以美元 SOFR 計息的浮動利率美元債券，如要確定每次付息的新臺幣金額，該企業應操作：",31,1783661236552]