衍生品知識在2022年CFA一級中的占比如何?CFA一級考試題練習的如何?知識點掌握的如何?這一連串的問句是不是都能答得出來?

The underlying in a forward rate agreement is most likely a(n):

A.growth rate of an equity index.

B.interest rate.

C.exchange rate.

【答案】:B

【解析】:FRA標的資產為利率


Which of the following is least likelyone of the main benefits of derivativemarkets? Derivative markets:

A. enable companies to more easily practice risk management.

B. reveal prices and volatility of the underlying assets.

C. exhibit lower volatility compared with the spot market.

【答案】:C

【解析】:衍生品價格體現(xiàn)了標的資產的價格及波動情況,衍生品作為風險管理的工 具可以使風險管理更加容易,所以A和B是對的,但是衍生品市場不一定就比即期市場的 價格波動小。