(五)擔保債權憑證（collateralized debt obligation, CDO）

(一)權益乘數

(二)財務槓桿比率

(三)貨幣中立性

(四)信用違約交換（credit default swap, CDS）

二、試分析資本適足率對銀行籌資成本、及銀行淨值報酬率的影響。 （25 分）

三、請說明何謂通膨目標機制，及採行通膨目標機制的優點與缺點。 （25 分）

(一)請計算貨幣乘數。 （10 分）

(二)請說明當銀行向中央銀行進行 100 億元的短期融通，分別對貨幣基數與貨幣供給的影響。 （需算出具體數字）（15 分）

三、英文作文：  On January 15, 2009, US Airways Flight 1549 lost both engines after a bird strike. Air traffic control suggested returning to LaGuardia or going to another airport, but Captain Sullenberger judged these options unsafe. He made the decision to land on the Hudson River, successfully saving all 155 people on board. The National Transportation Safety Board later investigated whether his choice was appropriate. Write a 250-word essay analyzing Captain Sullenberger’s leadership and judgment during this crisis. In your opinion, during emergencies, is it better to follow the established authority or rely on your own judgment? Support your view with specific examples. 

⑵乙欲儘速製造鼻病毒治療藥物以供應全臺需求，有無機制使乙能實施 A 及 B 專利權？若有此機制，要件、程序及效果之重點為何？（10 分）