[{"data":1,"prerenderedAt":46},["ShallowReactive",2],{"q-sec_sr_finance-115-2-022":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"sec_sr_finance","證券商高級業務員資格測驗——證券投資與財務分析(試卷「財務分析」)","c10",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"sec_sr_finance-115-2-022","115-2",22,"如果甲資產平均報酬率為 0.08，乙資產平均報酬率為 0.14，則投資組合包括甲與乙資產各50%，其組合平均報酬率為何？",[13,14,15,16],"0.095","0.12","0.11","0.10",2,"財務預測、成長與企業評價",1,"投資組合的期望報酬率是各資產報酬率以投資權重加權的算術平均，不受資產間相關係數或共變數影響；只有組合的風險（標準差）才需要把共變數納入計算。代入權重各50%：0.5×0.08＋0.5×0.14＝0.04＋0.07＝0.11，故選(C)。(A) 0.095相當於把權重設成甲七五、乙二五的偏斜情形。(B) 0.12與(D) 0.10都偏離兩者中點，只有在權重不是各半時才可能出現。報酬率可以線性加權相加、風險不行，這是投資組合理論最基本的分界。","easy",[23,27,30,34,38,42],{"id":24,"question":25,"qno":26},"sec_sr_finance-114-3-021","假設負債的利率為 15%，稅率為 17%，則在計算融資租賃價值時應用的折現率為多少？",21,{"id":28,"question":29,"qno":10},"sec_sr_finance-114-3-022","回收期限法（Payback Period Rule）：",{"id":31,"question":32,"qno":33},"sec_sr_finance-114-3-024","下列何者不影響每期淨現金流量？",24,{"id":35,"question":36,"qno":37},"sec_sr_finance-114-3-043","下列何者會增加可轉換公司債的價值？",43,{"id":39,"question":40,"qno":41},"sec_sr_finance-114-3-044","一般來說，我們會用統計上的迴歸方法來估計：",44,{"id":43,"question":44,"qno":45},"sec_sr_finance-114-3-045","假設某一股票之報酬率在市場報酬率為正時，其皆為負，且市場報酬率為負時，它皆為正，則此股票的β 值(Beta)：",45,1785904145967]