備考中不要放棄每一個學(xué)科的學(xué)習(xí),在學(xué)習(xí)每個科目時需要對應(yīng)的練習(xí)一下,那在備考CFA衍生品知識,你對應(yīng)的做練習(xí)了沒?
小編為你準備了一些CFA考試題,看看你是不是能做對呢?和小編一起做做吧!
The price of a forward contract most likely:
A、decreases as the price of the underlying goes up.
B、is constant and set as part of the contract specifications.
C、increases as market risk increases.
【Answer 】B
【analysis】
B is correct.The price of a forward contract remains constant throughout the life of the contract.It is set as part of the contract specifications.
A is incorrect.The price of a forward contract is not affected by market conditions.It is set as part of the contract specifications.
C is incorrect.The price of a forward contract is not affected by market conditions.It is set as part of the contract specifications.
The factor least likely to influence the yield spread on an option-free,fixed-rate bond is a change in the:
A、credit risk of the issuer.
B、expected inflation rate.
C、liquidity of the bond.
【Answer 】B
【analysis】
B is correct.For an option-free,fixed-rate bond,changes in the yield spread can arise from changes in the credit risk of the issuer and/or changes in the liquidity of the issue.Changes in the expected inflation rate influence the benchmark rate.
C is incorrect because changes in the yield spread an option-free,fixed-rate bond arise from changes in the liquidity of the issue.
A is incorrect because changes in the yield spread an option-free,fixed-rate bond arise from changes in the credit risk of the issuer.
這邊有CFA題庫可以幫助考生在日常的學(xué)習(xí)中練習(xí),不僅僅有專項練習(xí),也可以組卷練習(xí)哦!