[{"data":1,"prerenderedAt":217},["ShallowReactive",2],{"past-sitca_invest-114-3":3},{"examName":4,"questions":5},"投信投顧業務員資格測驗——證券投資與財務分析",[6,11,15,19,24,29,34,38,42,47,51,55,59,63,67,71,75,79,83,88,92,96,101,105,109,114,119,123,127,131,135,140,144,149,153,157,161,165,169,173,177,181,185,189,193,197,201,205,209,213],{"id":7,"qno":8,"question":9,"chapter":10},"sitca_invest-114-3-001",1,"期望在承擔適當的風險下，未來能夠賺取長期、穩定的報酬之行為是：","投資概論與證券市場",{"id":12,"qno":13,"question":14,"chapter":10},"sitca_invest-114-3-002",2,"下列有關特別股的敘述何者「正確」？",{"id":16,"qno":17,"question":18,"chapter":10},"sitca_invest-114-3-003",3,"公司清算時，清算優先順序為？",{"id":20,"qno":21,"question":22,"chapter":23},"sitca_invest-114-3-004",4,"某一可轉換公司債每張面額 12 萬元，市價目前為 16 萬元，若轉換價格為 40 元，其標的股票市價為 50 元，則每張可轉換公司債之轉換價值為多少？","債券投資與評價",{"id":25,"qno":26,"question":27,"chapter":28},"sitca_invest-114-3-005",5,"某公司今年每股發放股利 2 元，在股利零成長的假設下，已知投資人的必要報酬率為 8%，則每股普通股的預期價值為：","股票評價與基本分析",{"id":30,"qno":31,"question":32,"chapter":33},"sitca_invest-114-3-006",6,"OBV 主要是利用下列何者的累算，來研判股市內人氣是否匯集或渙散？","技術分析",{"id":35,"qno":36,"question":37,"chapter":33},"sitca_invest-114-3-007",7,"在 RSI 中，下列何者的敏感性較高？",{"id":39,"qno":40,"question":41,"chapter":28},"sitca_invest-114-3-008",8,"下列敘述何者「正確」？甲.股利殖利率是指股利除以股票面額；乙.對股利每年均固定成長之股票而言，其資本利得收益率等於股利成長率；丙.股票之總報酬率等於股利率加上資本利得收益率",{"id":43,"qno":44,"question":45,"chapter":46},"sitca_invest-114-3-009",9,"假設兩股票報酬率之相關係數為－1，甲股票預期報酬率為 0.10，報酬率標準差為 0.20，乙股票之預期報酬率為 0.06，報酬率標準差為 0.10，若想利用甲、乙兩股票組成一無風險投資組合時，則其比重分配應為何？","投資組合理論與資本資產訂價",{"id":48,"qno":49,"question":50,"chapter":46},"sitca_invest-114-3-010",10,"所謂效率投資組合(Efficient Portfolio)是指：甲.在固定風險水準下，期望報酬率最高之投資組合；乙.在固定期望報酬率水準下，風險最高之投資組合；丙.在固定風險水準下，期望報酬率最低之投資組合；丁.在固定期望報酬率水準下，風險最低之投資組合",{"id":52,"qno":53,"question":54,"chapter":46},"sitca_invest-114-3-011",11,"在市場投資組合右上方之投資組合，其市場投資組合與無風險資產權重可能為多少？",{"id":56,"qno":57,"question":58,"chapter":46},"sitca_invest-114-3-012",12,"依 CAPM，若投資標的物之預期報酬率「大於」市場投資組合之預期報酬率，則此投資標的物之β(Beta)係數為：",{"id":60,"qno":61,"question":62,"chapter":46},"sitca_invest-114-3-013",13,"請問當投資組合尚未完全分散仍存有非系統風險時，則較適合使用下列何種投資績效評估指標？",{"id":64,"qno":65,"question":66,"chapter":10},"sitca_invest-114-3-014",14,"下列有關指數股票型基金(ETF)與指數投資證券(ETN)的敘述何者正確？",{"id":68,"qno":69,"question":70,"chapter":28},"sitca_invest-114-3-015",15,"某公司的預期權益報酬率是 5%，若該公司的股利政策為發放 40%之現金股利，則在無外部融資假設下，其預期盈餘成長率是：",{"id":72,"qno":73,"question":74,"chapter":33},"sitca_invest-114-3-016",16,"若今日股價指數為 115，24 日移動平均數為 125，則其乖離率為何？",{"id":76,"qno":77,"question":78,"chapter":33},"sitca_invest-114-3-017",17,"KD 指標中，什麼情形代表賣出訊號？",{"id":80,"qno":81,"question":82,"chapter":33},"sitca_invest-114-3-018",18,"在 K 線型態中，長紅之後收十字線的孕育十字線（Harami Cross）可視為：",{"id":84,"qno":85,"question":86,"chapter":87},"sitca_invest-114-3-019",19,"哪個事件屬於不可分散風險？","風險與報酬",{"id":89,"qno":90,"question":91,"chapter":46},"sitca_invest-114-3-020",20,"若無風險利率為 4%，市場組合之期望報酬率為 10%。根據分析，甲股票報酬率 11%，β係數為 0.8，乙股票報酬率為 12%，β係數為 1.5。依照 CAPM，下列何者為適當的買賣策略？",{"id":93,"qno":94,"question":95,"chapter":46},"sitca_invest-114-3-021",21,"在資本資產定價模式中，設無風險利率 1%，市場投資組合期望報酬 11%，某公司股票報酬率變異數 0.16，股票報酬率與市場投資組合報酬率的共變異數(Covariance)等於 0.108，市場投資組合報酬率變異數 0.09，則該公司股票期望報酬率為多少？",{"id":97,"qno":98,"question":99,"chapter":100},"sitca_invest-114-3-022",22,"理論上，證券價格的變動和利率的變動之間的關係為：","貨幣時間價值與利率",{"id":102,"qno":103,"question":104,"chapter":28},"sitca_invest-114-3-023",23,"甲公司為固定成長公司，公司盈餘每年成長 8%，若甲公司普通股股票β係數為 1.2，市場投資組合報酬率 14%，無風險利率 4%，最近剛發放股利 4 元。試估算甲公司目前的每股價格為何？",{"id":106,"qno":107,"question":108,"chapter":10},"sitca_invest-114-3-024",24,"臺灣 50 指數 ETF 與一般開放型基金之比較，下列何者正確？甲.在基金管理費用上，臺灣50 指數 ETF 較低，一般開放型基金較高；乙.臺灣 50 指數 ETF 可以放空，一般開放型基金則不行；丙.兩者均無折溢價的問題",{"id":110,"qno":111,"question":112,"chapter":113},"sitca_invest-114-3-025",25,"小花購買了履約價為 0.60 美元，每單位 0.06 美元權利金的加幣賣權，並假設每口選擇權合約規模為 50,000 加幣(單位)，購買當時的即期匯率為 0.61 美元，試計算每口選擇權的時間價值：","衍生性金融商品(期貨與選擇權)",{"id":115,"qno":116,"question":117,"chapter":118},"sitca_invest-114-3-026",26,"下列敘述何者錯誤?","財務報表",{"id":120,"qno":121,"question":122,"chapter":118},"sitca_invest-114-3-027",27,"下列哪一項不能列為流動資產?",{"id":124,"qno":125,"question":126,"chapter":118},"sitca_invest-114-3-028",28,"下列何者不是企業與客戶訂定合約時依 IFRS15 認列收入之必要條件?",{"id":128,"qno":129,"question":130,"chapter":118},"sitca_invest-114-3-029",29,"下列關於折舊費用的敘述何者為非?",{"id":132,"qno":133,"question":134,"chapter":118},"sitca_invest-114-3-030",30,"初牛牧場 X3 年初以$130,000 購入一批蛋雞以生產雞蛋。X3 年飼養人員薪資$14,000、飼料成本$120,000，期末評估之公允價值為$135,000，若出售將發生出售成本$110,000。試問X3 年財務報表中此批蛋雞之帳列金額為何?",{"id":136,"qno":137,"question":138,"chapter":139},"sitca_invest-114-3-031",31,"下列何者並非發行公司債取得資金的優點?","財務比率分析",{"id":141,"qno":142,"question":143,"chapter":139},"sitca_invest-114-3-032",32,"福德公司財務報表顯示：在 X1 年並無付息負債，淨利率為 8%、資產週轉率為 2 次、平均資產總額為$2,000,000、平均權益為$1,280,000。請問：該公司在 X1 年之權益報酬率為多少?",{"id":145,"qno":146,"question":147,"chapter":148},"sitca_invest-114-3-033",33,"企業自建廠房於建造期間之資本化利息支出，在現金流量表中應如何分類?","現金流量分析",{"id":150,"qno":151,"question":152,"chapter":139},"sitca_invest-114-3-034",34,"甲公司 X3 年 1 月 1 日有普通股 300,000 股流通在外，4 月 1 日甲公司給與公司高級主管認股選擇權，當日成為既得，可按每股$40 認購普通股 120,000 股，至 X3 年底均未行使。甲公司普通股自 X3 年 4 月初至年底平均市價為每股$50，X3 年淨利為$477,000，則甲公司X3 年度之稀釋每股盈餘為何?",{"id":154,"qno":155,"question":156,"chapter":46},"sitca_invest-114-3-035",35,"一公司資產的價值為 500 萬元，負債的價值為 200 萬元，該公司負債的β（Beta）為 0.6，權益之β為 1.3，試問公司整體的β是多少?",{"id":158,"qno":159,"question":160,"chapter":139},"sitca_invest-114-3-036",36,"已知大湖公司負債稅盾現值 6.8 億元，權益 30 億元，若稅率為 17%，貸款利率為 10%，則該公司之負債金額為何?",{"id":162,"qno":163,"question":164,"chapter":10},"sitca_invest-114-3-037",37,"某投資人投資某一股票的價格為 40 元，支付券商佣金為 0.04275 元，其交易成本率（買入部分）為何?",{"id":166,"qno":167,"question":168,"chapter":139},"sitca_invest-114-3-038",38,"乙公司的借款利率為 7.5%，總資產報酬率為 6.5%，所得稅率為 20%。若乙公司以此條件舉債投資新計畫，將使得權益報酬率如何變動?",{"id":170,"qno":171,"question":172,"chapter":118},"sitca_invest-114-3-039",39,"秋田公司宣告並發放所持有的 100,000 股福島公司股票做為財產股利，當時帳列之福島公司股票成本為每股$20，市價則為每股$30，而福島公司股票面額為每股$10。假設宮城公司收到 1,000 股福島公司股票，則宮城公司應認列之股利收入金額為：",{"id":174,"qno":175,"question":176,"chapter":118},"sitca_invest-114-3-040",40,"永鈞公司以$21,000,000 購入房地，房屋估計可用 20 年無殘值，購入時土地與房屋之公允價值分別為$16,000,000 及$8,000,000，若採直線法提列折舊，則每年之折舊費用為：",{"id":178,"qno":179,"question":180,"chapter":23},"sitca_invest-114-3-041",41,"計算債券發行價格時，所使用的折現率為：",{"id":182,"qno":183,"question":184,"chapter":118},"sitca_invest-114-3-042",42,"甲公司 X1 年初以$600,000 取得乙公司 20,000 股共計 10%之股權，並分類為透過其他綜合損益按公允價值衡量之金融資產。乙公司 X1 年間淨利為$300,000，支付股利$200,000，年末股價每股$31。甲公司資產負債表中投資乙公司股權之金額為何?",{"id":186,"qno":187,"question":188,"chapter":139},"sitca_invest-114-3-043",43,"淨值為正數之公司支付已宣告之現金股利將使負債比率：",{"id":190,"qno":191,"question":192,"chapter":118},"sitca_invest-114-3-044",44,"衛勤企業認列出售不動產、廠房及設備損失，此顯示其不動產、廠房及設備售價是：",{"id":194,"qno":195,"question":196,"chapter":118},"sitca_invest-114-3-045",45,"會計政策變動追溯適用影響數應認列於：",{"id":198,"qno":199,"question":200,"chapter":139},"sitca_invest-114-3-046",46,"一個產品多樣化的廠商要計算營業額的損益兩平點，必須作哪些假設?甲、產品售價不變；乙、每單位產品變動成本不變；丙、產品組合比率不變",{"id":202,"qno":203,"question":204,"chapter":139},"sitca_invest-114-3-047",47,"大南公司之資料如下，X1年度純益$6,000,000，所得稅率17%，普通股400,000股，全年流通在外，每股面額$10。另有5%累積可轉換特別股600,000股，每股面額$100，可轉換成普通股3股；可轉換公司債$6,000,000，票面利率6%，平價發行，每$1,000面額可轉換成普通股20股。試問其基本每股盈餘為何?",{"id":206,"qno":207,"question":208,"chapter":113},"sitca_invest-114-3-048",48,"下列何種金融工具不會改變一公司的資本結構?",{"id":210,"qno":211,"question":212,"chapter":10},"sitca_invest-114-3-049",49,"宏碁乙是一種：",{"id":214,"qno":215,"question":216,"chapter":113},"sitca_invest-114-3-050",50,"下列何種情況會使決策者遞延一項淨現值為正的投資計畫?",1784190277505]