備考中不要放棄每一個(gè)學(xué)科的學(xué)習(xí)，在學(xué)習(xí)每個(gè)科目時(shí)需要對(duì)應(yīng)的練習(xí)一下，那在備考CFA衍生品知識(shí)，你對(duì)應(yīng)的做練習(xí)了沒(méi)？

小編為你準(zhǔn)備了一些CFA考試題，看看你是不是能做對(duì)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(kù)可以幫助考生在日常的學(xué)習(xí)中練習(xí)，不僅僅有專(zhuān)項(xiàng)練習(xí)，也可以組卷練習(xí)哦！