衍生品知識在2022年CFA一級中掌握？做了練習沒？

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。