它考什么知识嘛？CFA一级中衍生品考题如何？

CFA一级考试中10个科目的学习都是很重要的，今天小编给你讲讲CFA一级中的衍生品，你知道它考什么知识嘛？CFA一级中衍生品考题如何？

CFA一级衍生品投资（Derivatives Investments）科目在总科目知识中的占比是5%-8%，主要涵盖衍生品市场及衍生工具、衍生品定价与估值基础等知识，考生可以收获了解衍生品的种类和特点，为资产配置提供多样化选择。那考试题是如何出题的呢？小编给你说说！

For a forward contract on an asset that has no costs or benefits from holding it to have zero value at initiation, the arbitrage-free forward price must equal: 

A  the expected future spot price.

B  the future value of the current spot price.

C   the present value of the expected future spot price.

【答案及解析】B For an asset with no holding costs or benefits, the forward price must equal the future value of the current spot price, compounded at the risk-free rate over the term of the forward contract, for the contract to have a value of zero at initiation. Otherwise an arbitrage opportunity would exist. 

【核心词汇】：arbitrage-free pricing/valuation:无套利定价

是指正确估计国债不同时期现金流的价值（等于市场价）的当期利率。将其可以绘制成理论国债即期利率曲线（theoretical Treasury spot-rate curve）

所以在备考CFA一级的你是不是有备考的烦恼了，为你准备了CFA一级冲刺课程，帮助你更好的备考CFA一级考试！