CFA一级考试是单选题?例题做一下就知道了!

备考中不可或缺的就是做题,在备考CFA一级考试中刷题是必要的,我们知道CFA一级考试是单选题,但是也不能掉以轻心,毕竟是10个科目知识的学习糅合在这些试卷中,考生需要了解考试题型的!

For a European Call option on a stock, which of the following changes, (looking at each change individually and keeping all other factors constant) would an analyst be least likely confident about an up or down movement in the price of the option?

A: Share price goes up; dividend goes up

B: The demand for share increases / supply decreases; interest rates fall

C: Share increases in volatility; the firm cancels the next dividend


CFA备考怎么能少了CFA备考资料呢?小编为各位考生准备了CFA备考资料,有需要可以点击下方链接获取!

戳:各科必背定义+*中文解析+学习备考资料(PDF版)


答案及解析:“Share price up = Option Price Up Dividend up = Option Price Down (dividends are benefits of holding the underlying share, when holding the option, you do not receive dividend)Share in High Demand = Option Price down as this is a benefit in holding the underlying Interest Rates Fall = Option Price Down as this reduces the cost of carry of holding the underlying Share increases in volatility = Option Price Up Cancels next dividend = Option Price Up, as these dividends are not received by the option holder anyway A is the correct answer; as the increase in the option price due to the share going up could be offset by the decrease in the price due to the dividend going up.

B results in the option price falling for both scenarios and C results in the option price rising in both scenarios.”

这就是CFA一级考试题型,备考CFA考试不是说做对CFA考试题就行了,考生需要掌握的是背后的知识点, 这边有相关的资料和课程,有需要可以在线咨询或者添加CFA老师微信:rongyuejiaoyu