[CFA level 1模拟真题]Version 3 Questions－Q47 border, likely, increase, face, class

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Q47. What is most likely effect of an increase in volatility on the price of a:

	Call option?	Put option?
A	Increase	Increase
B	Increase	Decrease
C	Decrease	Increase
D	Decrease	Decrease

[此贴子已经被作者于2007-10-29 20:00:38编辑过]

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答案和详解如下：

Q47.  A.   Study Session. 17-76-1

Higher Volatility increases call and put option prices because it increases both the possible upside and downside values of the underlying.

vivian1022

a

LEEFEI571

A

obscurer

a

deanwj

a

denker5781

a

xu7431

a

47dx

a

technet

a