2026年 FRM 一级金融市场投资分析试卷含解析.docxVIP

2026年FRM一级金融市场投资分析试卷含解析

考试时间：______分钟总分：______分姓名：______

一、选择题

1.Thebid-askspreadprimarilyreflectswhichofthefollowingmarketcharacteristics?

A.Informationasymmetrybetweenbuyersandsellers.

B.Thecostofcapitalformarketmakers.

C.Therisk-freerateofreturn.

D.Thevolumeoftradesoccurringinthemarket.

2.WhichofthefollowingstatementsbestdescribestheEfficientMarketHypothesis(EMH)initssemi-strongform?

A.Allpubliclyavailableinformationisalreadyreflectedinassetprices.

B.Marketpricesadjustslowlytonewinform