[{"data":1,"prerenderedAt":47},["ShallowReactive",2],{"q-futures_prac-115-1-017":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"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":19,"explanation":20,"difficulty":21},"futures_prac-115-1-017","115-1",17,"下列有關於指數期貨契約與系統性風險之間的描述，何者有誤？",[13,14,15,16],"指數期貨僅可以用來降低系統性風險","指數期貨可以用來降低系統性風險","指數期貨可以用來增加系統性風險","指數期貨可以用來完全消除系統性風險",0,"避險交易",1,"本題要選有誤的敘述。指數期貨是管理系統性(市場)風險的工具，投資人可視操作方向與部位大小，用它來降低、增加，甚至在完全對沖下消除系統性風險，因此(B)降低、(C)增加、(D)完全消除皆屬正確的可能結果。(A)說指數期貨「僅可以用來降低」系統性風險，以偏概全、排除了增加與消除等其他可能，敘述有誤，故選(A)。關鍵在於「僅可」二字把工具用途講死了，而實際上其用途是雙向且多元的。","medium",[23,27,31,35,39,43],{"id":24,"question":25,"qno":26},"futures_prac-114-3-006","下列敘述哪一項是正確的？",6,{"id":28,"question":29,"qno":30},"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":32,"question":33,"qno":34},"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":36,"question":37,"qno":38},"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":40,"question":41,"qno":42},"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":44,"question":45,"qno":46},"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：",31,1787293966227]