[{"data":1,"prerenderedAt":45},["ShallowReactive",2],{"q-sec_sr_invest-114-3-043":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"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」)","c5",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"sec_sr_invest-114-3-043","114-3",43,"X 股票的β值(Beta)為 1.6，Y 股票的β值(Beta)為 0.8，下列敘述何者正確？",[13,14,15,16],"X 股票的總風險必為 Y 股票的 2 倍","X 股票與 Y 股票的相關係數可能為負","X 股票的個別風險必比 Y 股票高","X 股票的期望報酬率必比 Y 股票高",3,"風險與報酬",1,"(D) 對。β 只衡量系統(市場)風險,而 CAPM 的期望報酬=無風險利率+β×市場風險溢酬,故在市場風險溢酬為正下,β 較高者期望報酬必較高:βX=1.6>βY=0.8,X 的期望報酬必高於 Y。(A) 總風險=系統風險+非系統風險,β 是 2 倍不代表總風險是 2 倍;(C) 個別(非系統)風險與 β 無關,無法由 β 高低推斷;(B) 在單一指數模型(殘差不相關)下,兩股票的共變異數=βX×βY×市場變異數,β 同為正即與市場同向連動,相關係數不會為負。","medium",[23,26,30,34,37,41],{"id":24,"question":25,"qno":17},"sec_sr_invest-114-3-002","何者「不是」用來衡量投資風險的方法？",{"id":27,"question":28,"qno":29},"sec_sr_invest-114-3-004","投資風險性資產的報酬率與無風險利率的差額，稱之為？",4,{"id":31,"question":32,"qno":33},"sec_sr_invest-115-1-018","變異數及貝它係數都可用來衡量風險，兩者不同之處在於：",18,{"id":35,"question":36,"qno":10},"sec_sr_invest-115-1-043","甲證券的報酬率標準差等於 35%，乙證券的報酬率標準差等於 25%，則下列敘述何者正確？",{"id":38,"question":39,"qno":40},"sec_sr_invest-115-2-032","小明將其所有財富的 40%投資於風險性資產，該風險性資產的預期報酬率為 15%，變異數為0.04；再將剩餘之 60%投資於國庫券(無風險)，且報酬率為 6%。則試問其以上之投資組合的預期報酬率及標準差(風險)分別為：",32,{"id":42,"question":43,"qno":44},"sec_sr_invest-115-2-034","以下風險來源中，哪一項與通貨膨脹最直接相關？",34,1787293957957]