備考中不要放棄每一個學科的學習，在學習每個科目時需要對應的練習一下，那在備考CFA衍生品知識，你對應的做練習了沒？

小編為你準備了一些CFA考試題，看看你是不是能做對呢？和小編一起做做吧！

The price of a forward contract most likely:

A、decreases as the price of the underlying goes up.

B、is constant and set as part of the contract specifications.

C、increases as market risk increases.

【Answer 】B

【analysis】

B is correct.The price of a forward contract remains constant throughout the life of the contract.It is set as part of the contract specifications.

A is incorrect.The price of a forward contract is not affected by market conditions.It is set as part of the contract specifications.

C is incorrect.The price of a forward contract is not affected by market conditions.It is set as part of the contract specifications.

The factor least likely to influence the yield spread on an option-free,fixed-rate bond is a change in the:

A、credit risk of the issuer.

B、expected inflation rate.

C、liquidity of the bond.

【Answer 】B

【analysis】

B is correct.For an option-free,fixed-rate bond,changes in the yield spread can arise from changes in the credit risk of the issuer and/or changes in the liquidity of the issue.Changes in the expected inflation rate influence the benchmark rate.

C is incorrect because changes in the yield spread an option-free,fixed-rate bond arise from changes in the liquidity of the issue.

A is incorrect because changes in the yield spread an option-free,fixed-rate bond arise from changes in the credit risk of the issuer.

這邊有CFA題庫可以幫助考生在日常的學習中練習，不僅僅有專項練習，也可以組卷練習哦！