[{"data":1,"prerenderedAt":45},["ShallowReactive",2],{"q-sec_sr_invest-115-1-045":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":21},"sec_sr_invest","證券商高級業務員資格測驗——證券投資與財務分析(試卷「投資學」)","c7",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":17,"explanation":19,"difficulty":20},"sec_sr_invest-115-1-045","115-1",45,"依資本市場理論，關於投資組合期望報酬率與風險，下列敘述何者正確？",[13,14,15,16],"透過分散風險使投資組合風險降低，期望報酬率也必定降低","透過避險使投資組合系統風險降低，期望報酬率也必定降低","透過選股使投資組合非系統風險降低，期望報酬率也必定降低","選項(A)(B)(C)皆正確",1,"資本資產訂價模式與套利訂價理論","市場只補償系統風險。避險降低的是系統風險(貝它)，承擔的風險變少，期望報酬也必隨之下降，(B) 正確。(A)、(C) 錯在：分散或選股降低的是非系統風險，這部分市場不給補償，降低它並不會使期望報酬下降；因此 (D) 也不成立。","medium",[22,26,30,34,38,41],{"id":23,"question":24,"qno":25},"sec_sr_invest-114-3-020","假設稻禾公司目前的股價為 200 元，預期一年後可漲至 222 元，無風險利率為 2%，該股票β值(Beta)為 1.5，則市場投資組合之預期報酬率應為多少？",20,{"id":27,"question":28,"qno":29},"sec_sr_invest-114-3-022","請問零β（zero-beta）證券的期望報酬是：",22,{"id":31,"question":32,"qno":33},"sec_sr_invest-114-3-023","哪一項「不是」資本市場理論的基本假設？",23,{"id":35,"question":36,"qno":37},"sec_sr_invest-114-3-024","下列對市場投資組合之描述，何者「正確」？甲.其β值(Beta)等於 1；乙.其期望報酬率較任何個別證券低；丙.其報酬率標準差較任何個別證券低；丁.其包含了市場上所有的證券",24,{"id":39,"question":40,"qno":10},"sec_sr_invest-114-3-045","已知一最適風險投資組合，其期望報酬率為 12%，標準差為 26%，若無風險利率為 5%，請問其最適（feasible）資本市場線的斜率約為？",{"id":42,"question":43,"qno":44},"sec_sr_invest-114-3-046","某證券之期望報酬率為 12.5%，β值為 1.15。若市場組合期望報酬率為 10%，無風險利率為5%，則根據 CAPM 模式，此證券為：",46,1783661230445]