衍生品知識(shí)在2022年CFA一級(jí)中的占比如何？CFA一級(jí)考試題練習(xí)的如何？知識(shí)點(diǎn)掌握的如何？這一連串的問(wèn)句是不是都能答得出來(lái)？

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(biāo)的資產(chǎn)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(jià)格體現(xiàn)了標(biāo)的資產(chǎn)的價(jià)格及波動(dòng)情況，衍生品作為風(fēng)險(xiǎn)管理的工 具可以使風(fēng)險(xiǎn)管理更加容易，所以A和B是對(duì)的，但是衍生品市場(chǎng)不一定就比即期市場(chǎng)的 價(jià)格波動(dòng)小。