[{"data":1,"prerenderedAt":45},["ShallowReactive",2],{"q-sec_sr_invest-114-3-033":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」)","c3",{"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-114-3-033","114-3",33,"下列敘述何者正確？",[13,14,15,16],"債券到期期限愈短，利率風險愈大","債券的存續期間愈長，利率風險愈高","債券的票面利率愈低，利率風險愈低","低票面利率債券之利率敏感度低於高票面利率債券",1,"債券投資與評價","(B) 對。存續期間 (Duration) 是債券價格對殖利率變動的敏感度指標,價格變動百分比約等於負的修正存續期間乘以殖利率變動,故存續期間愈長,同樣的利率波動造成的價格衝擊愈大,利率風險愈高。(A) 方向相反:到期期限愈短、現金流回收愈快,存續期間愈短,利率風險愈小;(C) 票面利率愈低,愈多價值集中在到期本金這筆最遠的現金流,加權平均年限被拉長,存續期間反而愈長、風險愈高;(D) 同理,低票面利率債券的利率敏感度高於高票面利率債券,敘述顛倒。","medium",[22,25,29,33,37,41],{"id":23,"question":24,"qno":17},"sec_sr_invest-114-3-001","有關政府債券的敘述，何者「正確」？",{"id":26,"question":27,"qno":28},"sec_sr_invest-114-3-005","影響債券違約風險的描述，何者為「真」？",5,{"id":30,"question":31,"qno":32},"sec_sr_invest-114-3-006","某上市公司最近將其先前所發行之公司債贖回後再發行新債，請問其主要原因可能為何？",6,{"id":34,"question":35,"qno":36},"sec_sr_invest-114-3-007","甲公司發行一永續債券，票面利率為 6%，每張面額 10 萬元，若目前同類型債券可提供7%，請問其發行價格應為：",7,{"id":38,"question":39,"qno":40},"sec_sr_invest-114-3-008","當發行公司預期市場呈下列何種趨勢時，將發行浮動利率債券來籌措資金？",8,{"id":42,"question":43,"qno":44},"sec_sr_invest-114-3-009","債券組合管理中的免疫策略（Immunization Strategies）可規避何種風險？",9,1787293957832]