[{"data":1,"prerenderedAt":45},["ShallowReactive",2],{"q-sitca_invest-115-1-013":3},{"exam":4,"examName":5,"chapterSlug":6,"question":7,"related":22},"sitca_invest","投信投顧業務員資格測驗——證券投資與財務分析","c3",{"id":8,"exam":4,"session":9,"qno":10,"question":11,"options":12,"answer":17,"chapter":18,"freq":19,"explanation":20,"difficulty":21},"sitca_invest-115-1-013","115-1",13,"當經濟景氣開始衰退，且利率有下跌趨勢時，投資人應投資下列何種市場較佳？",[13,14,15,16],"股市","貨幣市場","債券市場","選項(A)、(B)、(C)皆可",2,"債券投資與評價",1,"(C) 對:債券價格與市場利率反向變動,景氣衰退期央行多採寬鬆、利率趨跌,債券價格因而上漲,且票息收益相對穩定,存續期間愈長者受惠愈大,故此時投資債券市場最佳。(A) 股市在衰退期企業獲利下滑、評價同步下修,表現通常最弱;(B) 貨幣市場工具天期短,收益率隨利率走低而快速縮水;(D) 三者的預期績效差異明顯,不可能皆宜。此即景氣循環下的資產配置原則:衰退期加碼債券,復甦期再轉進股票。","easy",[23,27,31,34,37,41],{"id":24,"question":25,"qno":26},"sitca_invest-114-3-004","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？",4,{"id":28,"question":29,"qno":30},"sitca_invest-114-3-041","計算債券發行價格時，所使用的折現率為：",41,{"id":32,"question":33,"qno":19},"sitca_invest-115-1-001","下列有關公司債之敘述何者正確？",{"id":35,"question":36,"qno":26},"sitca_invest-115-1-004","公債的風險較股份有限公司之公司債為低，是因為不存在哪一風險？",{"id":38,"question":39,"qno":40},"sitca_invest-115-1-005","有關分割債券特性的描述，下列何者正確？甲.無再投資風險；乙.存續期間小於到期年限；丙.分割債券的凸性(Convexity)較附息債券大",5,{"id":42,"question":43,"qno":44},"sitca_invest-115-1-015","哪些債券條款可在利率上漲時保護投資人？甲.浮動利率債券；乙.可轉換公司債；丙.可贖回公司債；丁.可賣回公司債",15,1787293970192]