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kevinzhu · 2020年02月25日

问一道题:NO.PZ2016031202000001 [ CFA I ]

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.

​Adding derivatives to a portfolio will increase risk. 这句话我认为没有问题,衍生品会使得组合可能的收益率和风险都大幅提高。 难道这句话是错在了will了吗?

1 个答案

xiaowan_品职助教 · 2020年02月25日

嗨,努力学习的PZer你好:


同学你好,当衍生品作为对冲工具时,是可以降低组合风险的,所以B选项的表述是不严谨的~


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!


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