[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-fin_plan_tools-46-034":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"fin_plan_tools","理財規劃人員專業能力測驗——理財工具","c7",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"fin_plan_tools-46-034","46",34,"假設買入一股票買權，目前股價為 50 元，履約價格為 48 元，選擇權到期當日方可履約，假設到期股價為 45元，請問屆時買權的投資人會採取的行動及該選擇權類別為何？",[13,14,15,16],"會執行選擇權，此為美式選擇權","不執行選擇權，此為美式選擇權","會執行選擇權，此為歐式選擇權","不執行選擇權，此為歐式選擇權",3,"衍生性金融商品",1,"本題有兩個判斷點。其一,題目載明「到期當日方可履約」,代表只能在到期日行使權利,屬歐式選擇權,排除美式的(A)、(B)。其二,這是買權且履約價48元,到期股價僅45元,以48元執行買進反而比市場價45元還貴,執行沒有任何好處,理性投資人會放棄不執行,任其失效只損失已付權利金。綜合兩點,答案為(D)不執行選擇權、此為歐式選擇權。凡稱美式或稱會執行的選項都與題目條件不符,只有(D)正確。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"fin_plan_tools-46-007","有關「外匯市場交易工具」之敘述，下列何者錯誤？",7,{"id":28,"question":29,"qno":30},"fin_plan_tools-46-031","下列何項因素對選擇權買權之價格的影響，呈現反向關係？",31,{"id":32,"question":33,"qno":34},"fin_plan_tools-46-032","選擇權的買方：",32,{"id":36,"question":37,"qno":38},"fin_plan_tools-46-033","某人持有股票想獲利了結，又擔心股票會繼續上漲，則可採用下列何種策略？",33,{"id":40,"question":41,"qno":42},"fin_plan_tools-46-035","若股票選擇權買權之履約價為 35 元，選擇權價格為 5 元，當交易人買入該買權後，其損益兩平之股價應為多少元？",35,{"id":44,"question":45,"qno":46},"fin_plan_tools-46-036","某交易人買進一口履約指數 6,000 點之台灣證券交易所加權股價指數期貨契約，則該期貨契約之價值為多少元？",36,1787293949405]