NO.PZ2016031202000001
问题如下:
Which of the following statements about derivatives is correct?
选项:
A.
High own capital is required at initiation of a derivative contract.
B.
Adding derivatives to a portfolio will increase risk.
C.
The value of a derivative is relative to the underlying asset and interest rate.
解释:
C is correct. Derivatives can be used to manage risk. In addition, derivatives have a high degree of leverage, traders need to invest a small amount of capital at initiation.
中文解析:
A错,与直接持有资产相比,使用衍生品进行交易时只需要少量保证金,对资金的需求较低;
B错,衍生品作为对冲工具时,是可以降低组合风险的
C对,衍生品的价值与标的资产和利率有关。
c选项为啥与利率风险挂钩?讲义上只说了和标的资产吧