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[CFA level 1模拟真题]Version 4 Questions-Q46

Q46. Do options and futures, respectively, most directly reveal the prices or the volatility of their underlying assets?

 

Options

Futures

A

Prices

Prices

B

Prices

Volatility

C

Volatility

Prices

D

Volatility

Volatility

答案和详解如下:

Q46.   C  Study Session 17-73-c

The volatility of the underlying asset is critical to the value of an option. Options reveal more about volatility than about spot prices. Futures, forwards, and swaps are more directly related to price discovery.

TOP

选A

TOP

[em09]

TOP

see[em01]

TOP

c

TOP

see

TOP

c

TOP

c

TOP

kk

TOP

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