NO.PZ2024022701000005
问题如下：
When parties exchange fixed cash payments for payments that depend on the returns to a stock or a stock index, they are purchasing a(n):
选项：
A.equity swap.
B.index fund.
C.stock option.
解释：
Solution-
Correct. Equity swaps consist of parties exchanging fixed cash payments for payments that depend on the returns to a stock or a stock index.
-
Incorrect. The payments depend on the returns to a stock or a stock index, but an index fund has not been directly purchased.
-
Incorrect. An option contract allows the holder (the purchaser) of the option to buy or sell an underlying instrument at a specified price at or before a specified date in the future.
• describe classifications of assets and markets
C选项的中文也有点忘了…c是衍生品还是权益的一种来着？
