{"id":10886,"date":"2026-09-22T06:00:00","date_gmt":"2026-09-21T21:00:00","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l3-drm-lm3\/"},"modified":"2026-09-22T07:44:42","modified_gmt":"2026-09-21T22:44:42","slug":"cfa-l3-drm-lm3","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l3-drm-lm3\/","title":{"rendered":"\u3010CFA\u00ae\ufe0e L3 Derivatives and Risk Management LM3\u3011Currency Management: An Introduction \u3092\u8981\u70b9\u89e3\u8aac\uff5c\u70ba\u66ff\u3068\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u30fb\u30d8\u30c3\u30b8\u6226\u7565\u30fb\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\u30fb\u30d8\u30c3\u30b8\u30b3\u30b9\u30c8\u524a\u6e1b"},"content":{"rendered":"<style>\n.cfalm-los{counter-reset:los;list-style:none;padding:0!important;margin:1em 0!important}\n.cfalm-los li{border:1px solid #d5d9e3;border-left:4px solid #172152;border-radius:4px;padding:.8em 1em!important;margin:0 0 .8em!important;background:#fff}\n.cfalm-los li::before{display:none!important;content:none!important}\n.cfalm-los .ja{display:block;font-weight:bold;color:#172152;line-height:1.6}\n.cfalm-los .en{display:block;font-size:.85em;color:#667;margin-top:.3em;line-height:1.5;word-break:normal!important;overflow-wrap:anywhere}\n.cfalm-sum{background:#f6f7fb;border-radius:6px;padding:1em 1.2em!important;margin:1em 0!important;list-style:none!important}\n.cfalm-sum li{position:relative;margin:.4em 0!important;padding:0 0 0 1.1em!important;line-height:1.7;list-style:none!important}.cfalm-sum li::before{content:\"\"!important;display:block!important;position:absolute!important;left:0!important;top:.7em!important;width:6px!important;height:6px!important;border-radius:50%!important;background:#172152!important;border:none!important;transform:none!important}\n.cfalm-f{background:#f6f7fb;border-left:4px solid #172152;padding:.7em 1em;margin:.8em 0;font-family:\"Menlo\",\"Consolas\",monospace;font-size:.95em;overflow-x:auto}\n.cfalm-nav{background:#f6f7fb;padding:1em 1.2em;border-radius:6px;margin:1em 0;word-break:normal;overflow-wrap:anywhere}\n<\/style>\n<div class=\"box05\">\n<p>Learning Module 3\u300cCurrency Management: An Introduction\uff08\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u5165\u9580\uff09\u300d\u306f\u3001\u70ba\u66ff\u5909\u52d5\u304c\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u3001\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u6226\u7565\u7684\u9078\u629e\u3068\u904b\u7528\u30d7\u30ed\u30b0\u30e9\u30e0\u306e\u7b56\u5b9a\u3001\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u30fb\u30c6\u30af\u30cb\u30ab\u30eb\u30fb\u30ad\u30e3\u30ea\u30fc\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306b\u57fa\u3065\u304f\u30a2\u30af\u30c6\u30a3\u30d6\u6226\u7565\u3001\u30d5\u30a9\u30ef\u30fc\u30c9\u3068FX\u30b9\u30ef\u30c3\u30d7\u306b\u3088\u308b\u30d8\u30c3\u30b8\u6bd4\u7387\u306e\u8abf\u6574\u3001\u30d8\u30c3\u30b8\u30b3\u30b9\u30c8\u306e\u524a\u6e1b\u7b56\u3001\u8907\u6570\u901a\u8ca8\u306e\u30d8\u30c3\u30b8\u3001\u65b0\u8208\u56fd\u901a\u8ca8\u306e\u7ba1\u7406\u3092\u6271\u3046\u5358\u5143\u3067\u3059\u3002<\/p>\n<p>\u672c\u8a18\u4e8b\u3067\u306f\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306eLOS\uff08Learning Outcome Statement\uff09\u3068\u3001\u3053\u306e\u5358\u5143\u306e\u91cd\u8981\u8ad6\u70b9\u3092\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n<\/div>\n<h2>LM3\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09<\/h2>\n<p>LOS\u306f\u3001\u3053\u306e\u5358\u5143\u3067\u300c\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308b\u3079\u304d\u3053\u3068\u300d\u3068\u3057\u3066\u793a\u3055\u308c\u3066\u3044\u308b\u5b66\u7fd2\u76ee\u6a19\u3067\u3059\u3002LM3\u306b\u306f9\u3064\u306eLOS\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<ol class=\"cfalm-los\">\n<li><span class=\"ja\">LOS 1\uff1a\u901a\u8ca8\u306e\u5909\u52d5\u304c\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u3092\u5206\u6790\u3059\u308b<\/span><span class=\"en\">analyze the effects of currency movements on portfolio risk and return<\/span><\/li>\n<li><span class=\"ja\">LOS 2\uff1a\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306b\u304a\u3051\u308b\u6226\u7565\u7684\u9078\u629e\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss strategic choices in currency management<\/span><\/li>\n<li><span class=\"ja\">LOS 3\uff1a\u91d1\u878d\u5e02\u5834\u306e\u72b6\u6cc1\u3068\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u76ee\u7684\u30fb\u5236\u7d04\u306b\u57fa\u3065\u304d\u3001\u9069\u5207\u306a\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u30fb\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u7b56\u5b9a\u3059\u308b<\/span><span class=\"en\">formulate an appropriate currency management program given financial market conditions and portfolio objectives and constraints<\/span><\/li>\n<li><span class=\"ja\">LOS 4\uff1a\u7d4c\u6e08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u3001\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790\u3001\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u53d6\u5f15\u306b\u57fa\u3065\u304f\u30a2\u30af\u30c6\u30a3\u30d6\u306a\u901a\u8ca8\u53d6\u5f15\u6226\u7565\u3092\u6bd4\u8f03\u3059\u308b<\/span><span class=\"en\">compare active currency trading strategies based on economic fundamentals, technical analysis, carry-trade, and volatility trading<\/span><\/li>\n<li><span class=\"ja\">LOS 5\uff1a\u30a2\u30af\u30c6\u30a3\u30d6\u53d6\u5f15\u6226\u7565\u306e\u57fa\u790e\u3068\u306a\u308b\u8981\u56e0\u306e\u5909\u5316\u304c\u3001\u6226\u8853\u7684\u306a\u53d6\u5f15\u5224\u65ad\u306b\u3069\u3046\u5f71\u97ff\u3059\u308b\u304b\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe how changes in factors underlying active trading strategies affect tactical trading decisions<\/span><\/li>\n<li><span class=\"ja\">LOS 6\uff1a\u30d5\u30a9\u30ef\u30fc\u30c9\u5951\u7d04\u3068FX\u30b9\u30ef\u30c3\u30d7\u3092\u4f7f\u3063\u3066\u30d8\u30c3\u30b8\u6bd4\u7387\u3092\u8abf\u6574\u3059\u308b\u65b9\u6cd5\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe how forward contracts and FX (foreign exchange) swaps are used to adjust hedge ratios<\/span><\/li>\n<li><span class=\"ja\">LOS 7\uff1a\u30d8\u30c3\u30b8\u30b3\u30b9\u30c8\u3092\u524a\u6e1b\u3057\u3001\u5916\u8ca8\u5efa\u3066\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u7279\u6027\u3092\u5909\u3048\u308b\u305f\u3081\u306b\u4f7f\u308f\u308c\u308b\u53d6\u5f15\u6226\u7565\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe trading strategies used to reduce hedging costs and modify the risk\u2013 return characteristics of a foreign-currency portfolio<\/span><\/li>\n<li><span class=\"ja\">LOS 8\uff1a\u8907\u6570\u306e\u5916\u8ca8\u306b\u3055\u3089\u3055\u308c\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306b\u304a\u3051\u308b\u3001\u30af\u30ed\u30b9\u30fb\u30d8\u30c3\u30b8\u3001\u30de\u30af\u30ed\u30fb\u30d8\u30c3\u30b8\u3001\u6700\u5c0f\u5206\u6563\u30d8\u30c3\u30b8\u6bd4\u7387\u306e\u5229\u7528\u3092\u8aac\u660e\u3059\u308b<\/span><span class=\"en\">describe the use of cross-hedges, macro-hedges, and minimum-variance-hedge ratios in portfolios exposed to multiple foreign currencies<\/span><\/li>\n<li><span class=\"ja\">LOS 9\uff1a\u65b0\u8208\u56fd\u901a\u8ca8\u306e\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u7ba1\u7406\u306b\u304a\u3051\u308b\u8ab2\u984c\u3092\u8ad6\u3058\u308b<\/span><span class=\"en\">discuss challenges for managing emerging market currency exposures<\/span><\/li>\n<\/ol>\n<h2>LM3\u306e\u307e\u3068\u3081<\/h2>\n<p>\u3053\u306e\u5358\u5143\u306e\u8981\u70b9\u3092\u307e\u3068\u3081\u308b\u3068\u3001\u6b21\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n<ul class=\"cfalm-sum\">\n<li>\u5916\u8ca8\u5efa\u3066\u8cc7\u7523\u306e\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u306f\u3001\u5916\u8ca8\u5efa\u3066\u306e\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3\u3068\u5916\u8ca8\u306e\u5909\u5316\u7387\u306e2\u3064\u304c\u639b\u3051\u7b97\u3067\u7d44\u307f\u5408\u308f\u3055\u3063\u3066\u6c7a\u307e\u308b<\/li>\n<li>\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u306e\u30ea\u30b9\u30af\u306f\u3001\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3\u3068\u70ba\u66ff\u5909\u52d5\u305d\u308c\u305e\u308c\u306e\u5206\u6563\u3068\u76f8\u95a2\u3092\u8003\u616e\u3057\u305f\u5206\u6563\u306e\u5f0f\u3067\u8fd1\u4f3c\u3067\u304d\u308b<\/li>\n<li>\u901a\u8ca8\u30ea\u30b9\u30af\u3092\u3069\u3053\u307e\u3067\u3068\u308b\u304b\u306fIPS\u3067\u5b9a\u3081\u308b\u6226\u7565\u7684\u5224\u65ad\u3002\u5206\u6563\u52b9\u679c\u3068\u30d8\u30c3\u30b8\u306e\u30b3\u30b9\u30c8\u3092\u8003\u616e\u3057\u3066\u6c7a\u3081\u308b<\/li>\n<li>\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306f\u3001\u5b8c\u5168\u30d8\u30c3\u30b8\u306e\u30d1\u30c3\u30b7\u30d6\u904b\u7528\u304b\u3089\u3001\u88c1\u91cf\u7684\u30d8\u30c3\u30b8\u3001\u30a2\u30af\u30c6\u30a3\u30d6\u904b\u7528\u3001\u901a\u8ca8\u30aa\u30fc\u30d0\u30fc\u30ec\u30a4\u307e\u3067\u306e\u30b9\u30da\u30af\u30c8\u30e9\u30e0\u306b\u4f4d\u7f6e\u3065\u3051\u3089\u308c\u308b<\/li>\n<li>\u76f8\u5834\u89b3\u306e\u5f62\u6210\u306b\u306f\u3001\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff08\u9069\u6b63\u4fa1\u5024\uff09\u3001\u30c6\u30af\u30cb\u30ab\u30eb\u6307\u6a19\u3001\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\uff08\u30ab\u30d0\u30fc\u306a\u3057\u91d1\u5229\u5e73\u4fa1\u306e\u4e0d\u6210\u7acb\uff09\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u53d6\u5f15\u304c\u3042\u308b<\/li>\n<li>\u30d1\u30c3\u30b7\u30d6\u30fb\u30d8\u30c3\u30b8\u306b\u306f\u67d4\u8edf\u306a\u30d5\u30a9\u30ef\u30fc\u30c9\u304c\u4e00\u822c\u306b\u4f7f\u308f\u308c\u3001\u30ed\u30fc\u30eb\u30fb\u30a4\u30fc\u30eb\u30c9\u304c\u30d8\u30c3\u30b8\u306b\u6709\u5229\u306b\u3082\u4e0d\u5229\u306b\u3082\u50cd\u304f<\/li>\n<li>\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u4f7f\u3048\u3070\u6709\u5229\u306a\u70ba\u66ff\u5909\u52d5\u306e\u53ef\u80fd\u6027\u3092\u6b8b\u305b\u308b\u304c\u3001\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u304b\u304b\u308b\u3002\u30b3\u30b9\u30c8\u524a\u6e1b\u7b56\u306f\u3001\u4e0b\u843d\u9632\u5fa1\u304b\u4e0a\u6607\u4f59\u5730\u306e\u3044\u305a\u308c\u304b\u3092\u72a0\u7272\u306b\u3059\u308b<\/li>\n<li>\u30af\u30ed\u30b9\u30fb\u30d8\u30c3\u30b8\u306f\u30d9\u30fc\u30b7\u30b9\u30fb\u30ea\u30b9\u30af\u3092\u751f\u3080\u3002\u65b0\u8208\u56fd\u901a\u8ca8\u306f\u53d6\u5f15\u30b3\u30b9\u30c8\u304c\u9ad8\u304f\u3001\u30c6\u30fc\u30eb\u30fb\u30ea\u30b9\u30af\u304c\u5927\u304d\u304f\u3001\u30d8\u30c3\u30b8\u624b\u6bb5\u3082\u9650\u3089\u308c\u308b<\/li>\n<\/ul>\n<p>\u4ee5\u4e0b\u3001LOS\u3054\u3068\u306b\u91cd\u8981\u8ad6\u70b9\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n<h3>LOS 1\uff1a\u901a\u8ca8\u5909\u52d5\u304c\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306b\u4e0e\u3048\u308b\u5f71\u97ff<\/h3>\n<p>\u5916\u8ca8\u5efa\u3066\u8cc7\u7523\u306e<strong>\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3<\/strong>\u306f\u3001\u5916\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u3068\u5916\u8ca8\u306e\u5909\u5316\u7387\u3092\u639b\u3051\u5408\u308f\u305b\u3066\u6c42\u3081\u307e\u3059\u3002\u30ea\u30b9\u30af\u306f\u4e21\u8005\u306e\u5206\u6563\u3068\u76f8\u95a2\u3067\u6c7a\u307e\u308a\u3001\u76f8\u95a2\u306b\u3088\u3063\u3066\u306f\u901a\u8ca8\u304c\u5206\u6563\u52b9\u679c\u3092\u3082\u305f\u3089\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\uff1a(1 + R_FC)(1 + R_FX) \u2212 1<\/li>\n<li>\u8907\u6570\u8cc7\u7523\uff1a\u5404\u8cc7\u7523\u306e\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u306e\u52a0\u91cd\u5e73\u5747<\/li>\n<li>\u30ea\u30b9\u30af\u306f\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3\u3068\u70ba\u66ff\u306e\u5206\u6563\u30fb\u5171\u5206\u6563\u3067\u8fd1\u4f3c<\/li>\n<li>\u8cc7\u7523\u30ea\u30bf\u30fc\u30f3\u3068\u70ba\u66ff\u306e\u76f8\u95a2\u304c\u8ca0\u306a\u3089\u30ea\u30b9\u30af\u304c\u4f4e\u4e0b\u3057\u5f97\u308b<\/li>\n<\/ul>\n<div class=\"cfalm-f\">\u03c3\u00b2(R_DC) \u2248 \u03c3\u00b2(R_FC)(1 + R_FX)\u00b2 + \u03c3\u00b2(R_FX)(1 + R_FC)\u00b2 + 2(1 + R_FC)(1 + R_FX)\u03c3(R_FC)\u03c3(R_FX)\u03c1<\/div>\n<h3>LOS 2\uff1a\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u6226\u7565\u7684\u9078\u629e<\/h3>\n<p>\u901a\u8ca8\u30ea\u30b9\u30af\u3092\u3069\u306e\u7a0b\u5ea6\u3068\u308b\u304b\u306fIPS\u3067\u6c7a\u3081\u308b<strong>\u6226\u7565\u7684\u5224\u65ad<\/strong>\u3067\u3059\u3002\u5b8c\u5168\u30d8\u30c3\u30b8\u304b\u3089\u901a\u8ca8\u30aa\u30fc\u30d0\u30fc\u30ec\u30a4\u307e\u3067\u306e\u30b9\u30da\u30af\u30c8\u30e9\u30e0\u306e\u3069\u3053\u306b\u4f4d\u7f6e\u3059\u308b\u304b\u3092\u9078\u3073\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30d1\u30c3\u30b7\u30d6\u30fb\u30d8\u30c3\u30b8\uff1a\u30eb\u30fc\u30eb\u306b\u57fa\u3065\u304d\u901a\u8ca8\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u3092\u5b8c\u5168\u306b\u30d8\u30c3\u30b8<\/li>\n<li>\u88c1\u91cf\u7684\u30d8\u30c3\u30b8\uff1a\u30d8\u30c3\u30b8\u6bd4\u7387\u306b\u4e00\u5b9a\u306e\u88c1\u91cf\u306e\u5e45\u3092\u8a8d\u3081\u308b<\/li>\n<li>\u30a2\u30af\u30c6\u30a3\u30d6\u901a\u8ca8\u904b\u7528\uff1a\u53ce\u76ca\u6a5f\u4f1a\u3092\u6c42\u3081\u3066\u901a\u8ca8\u30ea\u30b9\u30af\u3092\u3068\u308b<\/li>\n<li>\u901a\u8ca8\u30aa\u30fc\u30d0\u30fc\u30ec\u30a4\uff1a\u901a\u8ca8\u306e\u30a2\u30eb\u30d5\u30a1\u3092\u7a4d\u6975\u7684\u306b\u8ffd\u6c42<\/li>\n<li>\u5224\u65ad\u8981\u7d20\uff1a\u5206\u6563\u52b9\u679c\uff08\u6295\u8cc7\u671f\u9593\u3001\u8cc7\u7523\u306e\u7a2e\u985e\u3001\u5e02\u5834\u74b0\u5883\uff09\u3068\u30b3\u30b9\u30c8\uff08\u53d6\u5f15\u30b3\u30b9\u30c8\u30fb\u6a5f\u4f1a\u8cbb\u7528\uff09<\/li>\n<\/ul>\n<h3>LOS 3\uff1a\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u30fb\u30d7\u30ed\u30b0\u30e9\u30e0\u306e\u7b56\u5b9a<\/h3>\n<p>\u30d8\u30c3\u30b8\u6bd4\u7387\u306f\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u76ee\u7684\u3068\u5236\u7d04\u3001\u5e02\u5834\u74b0\u5883\u306b\u5fdc\u3058\u3066\u6c7a\u3081\u307e\u3059\u3002\u4e00\u822c\u306b\u3001<strong>\u6295\u8cc7\u671f\u9593\u304c\u77ed\u3044\u3001\u30ea\u30b9\u30af\u56de\u907f\u5ea6\u304c\u9ad8\u3044\u3001\u50b5\u5238\u4e2d\u5fc3\u3001\u30d8\u30c3\u30b8\u30b3\u30b9\u30c8\u304c\u4f4e\u3044<\/strong>\u307b\u3069\u3001\u30d8\u30c3\u30b8\u3092\u591a\u3081\u306b\u3059\u308b\u65b9\u5411\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u6295\u8cc7\u671f\u9593\uff1a\u9577\u671f\u3067\u306f\u901a\u8ca8\u306e\u5f71\u97ff\u304c\u5e73\u5747\u5316\u3059\u308b\u3068\u306e\u898b\u65b9<\/li>\n<li>\u8cc7\u7523\u306e\u7a2e\u985e\uff1a\u50b5\u5238\u306f\u70ba\u66ff\u306e\u5f71\u97ff\u304c\u76f8\u5bfe\u7684\u306b\u5927\u304d\u304f\u3001\u30d8\u30c3\u30b8\u304c\u4e00\u822c\u7684<\/li>\n<li>\u30d8\u30c3\u30b8\u306e\u30b3\u30b9\u30c8\uff1a\u30ed\u30fc\u30eb\u30fb\u30a4\u30fc\u30eb\u30c9\u3084\u53d6\u5f15\u30b3\u30b9\u30c8<\/li>\n<li>\u9867\u5ba2\u306e\u77e5\u8b58\u3001\u30ea\u30b9\u30af\u56de\u907f\u5ea6\u3001\u6d41\u52d5\u6027\u30cb\u30fc\u30ba<\/li>\n<li>\u5e02\u5834\u74b0\u5883\uff1a\u70ba\u66ff\u306e\u5909\u52d5\u6027\u3001\u91d1\u5229\u5dee\u3001\u76f8\u5834\u89b3<\/li>\n<\/ul>\n<h3>LOS 4\uff1a\u30a2\u30af\u30c6\u30a3\u30d6\u306a\u901a\u8ca8\u53d6\u5f15\u6226\u7565\u306e\u6bd4\u8f03<\/h3>\n<p>\u76f8\u5834\u89b3\u306e\u5f62\u6210\u65b9\u6cd5\u306b\u306f\u3001<strong>\u7d4c\u6e08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u3001\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790\u3001\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u53d6\u5f15<\/strong>\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u308c\u305e\u308c\u4f9d\u62e0\u3059\u308b\u524d\u63d0\u304c\u7570\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff1a\u901a\u8ca8\u306e\u9069\u6b63\u4fa1\u5024\u3092\u63a8\u5b9a\u3057\u3001\u70ba\u66ff\u304c\u305d\u3053\u306b\u53ce\u675f\u3059\u308b\u3068\u898b\u8fbc\u3080<\/li>\n<li>\u30c6\u30af\u30cb\u30ab\u30eb\uff1a\u904e\u53bb\u306e\u4fa1\u683c\u30d1\u30bf\u30fc\u30f3\u304c\u5e02\u5834\u5fc3\u7406\u306b\u3088\u308a\u7e70\u308a\u8fd4\u3059\u3068\u8003\u3048\u3001\u652f\u6301\u7dda\u30fb\u62b5\u6297\u7dda\u3084\u30c8\u30ec\u30f3\u30c9\u3092\u5224\u65ad<\/li>\n<li>\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\uff1a\u4f4e\u91d1\u5229\u901a\u8ca8\u3092\u58f2\u308a\u9ad8\u91d1\u5229\u901a\u8ca8\u3092\u8cb7\u3046\uff08\u30ab\u30d0\u30fc\u306a\u3057\u91d1\u5229\u5e73\u4fa1\u306e\u4e0d\u6210\u7acb\u3092\u5229\u7528\uff09<\/li>\n<li>\u30ad\u30e3\u30ea\u30fc\u306f\u30d5\u30a9\u30ef\u30fc\u30c9\u30fb\u30ec\u30fc\u30c8\u30fb\u30d0\u30a4\u30a2\u30b9\u306e\u5229\u7528\u3068\u540c\u3058\uff1a\u30d5\u30a9\u30ef\u30fc\u30c9\u30fb\u30d7\u30ec\u30df\u30a2\u30e0\u306e\u901a\u8ca8\u3092\u58f2\u308a\u3001\u30c7\u30a3\u30b9\u30ab\u30a6\u30f3\u30c8\u306e\u901a\u8ca8\u3092\u8cb7\u3046<\/li>\n<li>\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u53d6\u5f15\uff1a\u30aa\u30d7\u30b7\u30e7\u30f3\u3067\u70ba\u66ff\u6c34\u6e96\u3067\u306f\u306a\u304f\u5206\u5e03\uff08\u5909\u52d5\u306e\u5927\u304d\u3055\uff09\u3078\u306e\u898b\u901a\u3057\u3092\u8868\u73fe<\/li>\n<\/ul>\n<h3>LOS 5\uff1a\u8981\u56e0\u306e\u5909\u5316\u3068\u6226\u8853\u7684\u5224\u65ad<\/h3>\n<p>\u30a2\u30af\u30c6\u30a3\u30d6\u6226\u7565\u306e\u524d\u63d0\u3068\u306a\u308b\u8981\u56e0\u304c\u5909\u308f\u308c\u3070\u3001\u30dd\u30b8\u30b7\u30e7\u30f3\u3082\u898b\u76f4\u3059\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u7279\u306b<strong>\u5e02\u5834\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3084\u5371\u6a5f\u6642\u306e\u8cc7\u91d1\u79fb\u52d5<\/strong>\u306f\u3001\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\u306a\u3069\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u4e0e\u3048\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30ea\u30b9\u30af\u56de\u907f\u306e\u9ad8\u307e\u308a\uff1a\u30ad\u30e3\u30ea\u30fc\u30fb\u30c8\u30ec\u30fc\u30c9\u306e\u6025\u6fc0\u306a\u5dfb\u304d\u623b\u3057\u306b\u3088\u308b\u640d\u5931<\/li>\n<li>\u91d1\u5229\u5dee\u306e\u5909\u5316\uff1a\u30ad\u30e3\u30ea\u30fc\u306e\u9b45\u529b\u306e\u5909\u5316<\/li>\n<li>\u7d4c\u6e08\u6307\u6a19\u3084\u653f\u7b56\u306e\u5909\u5316\uff1a\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u4e0a\u306e\u9069\u6b63\u4fa1\u5024\u306e\u5909\u5316<\/li>\n<li>\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306e\u5909\u5316\uff1a\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u4fa1\u683c\u3068\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u53d6\u5f15\u306e\u640d\u76ca\u306b\u5f71\u97ff<\/li>\n<\/ul>\n<h3>LOS 6\uff1a\u30d5\u30a9\u30ef\u30fc\u30c9\u3068FX\u30b9\u30ef\u30c3\u30d7\u306b\u3088\u308b\u30d8\u30c3\u30b8\u6bd4\u7387\u306e\u8abf\u6574<\/h3>\n<p>\u30d1\u30c3\u30b7\u30d6\u30fb\u30d8\u30c3\u30b8\u3067\u306f\u3001\u67d4\u8edf\u6027\u306e\u9ad8\u3044<strong>\u30d5\u30a9\u30ef\u30fc\u30c9<\/strong>\u304c\u4e00\u822c\u7684\u306b\u4f7f\u308f\u308c\u307e\u3059\u3002\u6e80\u671f\u3092\u8fce\u3048\u305f\u30d5\u30a9\u30ef\u30fc\u30c9\u306f<strong>FX\u30b9\u30ef\u30c3\u30d7<\/strong>\u3067\u4e57\u308a\u63db\u3048\uff08\u30ed\u30fc\u30eb\uff09\u3001\u305d\u306e\u969b\u306b\u30d8\u30c3\u30b8\u6bd4\u7387\u3092\u8abf\u6574\u3057\u307e\u3059\u3002<\/p>\n<ul>\n<li>FX\u30b9\u30ef\u30c3\u30d7\uff1a\u30b9\u30dd\u30c3\u30c8\u53d6\u5f15\u3068\u30d5\u30a9\u30ef\u30fc\u30c9\u53d6\u5f15\u306e\u540c\u6642\u5b9f\u884c<\/li>\n<li>\u6e80\u671f\u6642\u306e\u30d5\u30a9\u30ef\u30fc\u30c9\u306e\u4e57\u308a\u63db\u3048\u3067\u3001\u5143\u306e\u4e88\u7d04\u306e\u640d\u76ca\u304c\u73fe\u91d1\u3067\u6c7a\u6e08\u3055\u308c\u308b<\/li>\n<li>\u8cc7\u7523\u4fa1\u5024\u306e\u5909\u5316\u306b\u5408\u308f\u305b\u3066\u30d8\u30c3\u30b8\u984d\u3092\u8abf\u6574\uff08\u52d5\u7684\u30d8\u30c3\u30b8\uff09<\/li>\n<li>\u30ed\u30fc\u30eb\u30fb\u30a4\u30fc\u30eb\u30c9\uff1a\u30d5\u30a9\u30ef\u30fc\u30c9\u30fb\u30dd\u30a4\u30f3\u30c8\u304c\u30d8\u30c3\u30b8\u306b\u6709\u5229\u306b\u3082\u4e0d\u5229\u306b\u3082\u50cd\u304f<\/li>\n<li>\u5c0f\u53e3\u3067\u306f\u901a\u8ca8\u5148\u7269\u3082\u4f7f\u308f\u308c\u3001\u500b\u4eba\u8cc7\u7523\u904b\u7528\u3067\u3088\u304f\u5229\u7528\u3055\u308c\u308b<\/li>\n<\/ul>\n<h3>LOS 7\uff1a\u30d8\u30c3\u30b8\u30b3\u30b9\u30c8\u306e\u524a\u6e1b\u3068\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u7279\u6027\u306e\u5909\u66f4<\/h3>\n<p>\u30aa\u30d7\u30b7\u30e7\u30f3\u3092\u4f7f\u3048\u3070\u6709\u5229\u306a\u70ba\u66ff\u5909\u52d5\u306e\u53ef\u80fd\u6027\u3092\u6b8b\u305b\u307e\u3059\u304c\u3001\u30d7\u30ec\u30df\u30a2\u30e0\u304c\u304b\u304b\u308a\u307e\u3059\u3002\u30b3\u30b9\u30c8\u524a\u6e1b\u7b56\u306f\u3001\u3044\u305a\u308c\u3082<strong>\u4e0b\u843d\u9632\u5fa1\u306e\u7e2e\u5c0f\u304b\u4e0a\u6607\u4f59\u5730\u306e\u7e2e\u5c0f<\/strong>\u3068\u306e\u5f15\u304d\u63db\u3048\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30aa\u30fc\u30d0\u30fc\u30d8\u30c3\u30b8\u30fb\u30a2\u30f3\u30c0\u30fc\u30d8\u30c3\u30b8\uff08\u30d8\u30c3\u30b8\u6bd4\u7387\u306e\u8abf\u6574\uff09<\/li>\n<li>OTM\u30aa\u30d7\u30b7\u30e7\u30f3\u306e\u5229\u7528\u3067\u30d7\u30ec\u30df\u30a2\u30e0\u3092\u4e0b\u3052\u308b<\/li>\n<li>\u30ea\u30b9\u30af\u30fb\u30ea\u30d0\u30fc\u30b5\u30eb\uff08\u30ab\u30e9\u30fc\uff09\uff1a\u30d7\u30c3\u30c8\u8cb7\u3044\uff0b\u30b3\u30fc\u30eb\u58f2\u308a\u3067\u30b3\u30b9\u30c8\u3092\u76f8\u6bba<\/li>\n<li>\u30d7\u30c3\u30c8\u30fb\u30b9\u30d7\u30ec\u30c3\u30c9\u3001\u30b7\u30fc\u30ac\u30eb\uff08\u30d7\u30c3\u30c8\u30fb\u30b9\u30d7\u30ec\u30c3\u30c9\uff0b\u30b3\u30fc\u30eb\u58f2\u308a\uff09<\/li>\n<li>\u30a8\u30ad\u30be\u30c1\u30c3\u30af\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3\uff08\u30ce\u30c3\u30af\u30a4\u30f3\u30fb\u30ce\u30c3\u30af\u30a2\u30a6\u30c8\u3001\u30c7\u30b8\u30bf\u30eb\u306a\u3069\uff09<\/li>\n<\/ul>\n<h3>LOS 8\uff1a\u8907\u6570\u901a\u8ca8\u306e\u30d8\u30c3\u30b8\uff1a\u30af\u30ed\u30b9\u30fb\u30d8\u30c3\u30b8\u3001\u30de\u30af\u30ed\u30fb\u30d8\u30c3\u30b8\u3001\u6700\u5c0f\u5206\u6563\u30d8\u30c3\u30b8\u6bd4\u7387<\/h3>\n<p>\u8907\u6570\u306e\u901a\u8ca8\u306b\u3055\u3089\u3055\u308c\u308b\u5834\u5408\u3082\u57fa\u672c\u7684\u306a\u624b\u6bb5\u306f\u540c\u3058\u3067\u3059\u304c\u3001<strong>\u6b8b\u3063\u305f\u901a\u8ca8\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u9593\u306e\u76f8\u95a2<\/strong>\u3092\u8003\u616e\u3057\u307e\u3059\u3002\u4ee3\u66ff\u624b\u6bb5\u306b\u3088\u308b\u30d8\u30c3\u30b8\u306f<strong>\u30d9\u30fc\u30b7\u30b9\u30fb\u30ea\u30b9\u30af<\/strong>\u3092\u751f\u307f\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30af\u30ed\u30b9\u30fb\u30d8\u30c3\u30b8\uff08\u30d7\u30ed\u30ad\u30b7\u30fb\u30d8\u30c3\u30b8\uff09\uff1a\u76f8\u95a2\u306e\u9ad8\u3044\u5225\u306e\u901a\u8ca8\u3067\u30d8\u30c3\u30b8<\/li>\n<li>\u30de\u30af\u30ed\u30fb\u30d8\u30c3\u30b8\uff1a\u500b\u3005\u306e\u901a\u8ca8\u3067\u306f\u306a\u304f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u5168\u4f53\u306e\u30ea\u30b9\u30af\u8981\u56e0\u3092\u30d8\u30c3\u30b8<\/li>\n<li>\u6700\u5c0f\u5206\u6563\u30d8\u30c3\u30b8\u6bd4\u7387\uff1a\u56fd\u5185\u901a\u8ca8\u5efa\u3066\u30ea\u30bf\u30fc\u30f3\u3092\u70ba\u66ff\u5909\u5316\u7387\u306b\u56de\u5e30\u3057\u305f\u50be\u304d<\/li>\n<li>\u30d9\u30fc\u30b7\u30b9\u30fb\u30ea\u30b9\u30af\uff1a\u30d8\u30c3\u30b8\u624b\u6bb5\u3068\u30d8\u30c3\u30b8\u5bfe\u8c61\u306e\u5024\u52d5\u304d\u306e\u305a\u308c<\/li>\n<\/ul>\n<div class=\"cfalm-f\">\u6700\u5c0f\u5206\u6563\u30d8\u30c3\u30b8\u6bd4\u7387 h = \u03c1 \u00d7 \u03c3(R_DC) \/ \u03c3(R_FX)<\/div>\n<h3>LOS 9\uff1a\u65b0\u8208\u56fd\u901a\u8ca8\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u306e\u7ba1\u7406\u306e\u8ab2\u984c<\/h3>\n<p>\u65b0\u8208\u56fd\u901a\u8ca8\u306f\u3001<strong>\u53d6\u5f15\u30b3\u30b9\u30c8\u304c\u9ad8\u304f\u3001\u6d41\u52d5\u6027\u304c\u4f4e\u304f\u3001\u6025\u6fc0\u306a\u5909\u52d5\uff08\u30c6\u30fc\u30eb\u30fb\u30ea\u30b9\u30af\uff09\u304c\u8d77\u3053\u308a\u3084\u3059\u3044<\/strong>\u70b9\u304c\u8ab2\u984c\u3067\u3059\u3002\u8cc7\u672c\u898f\u5236\u306a\u3069\u306b\u3088\u308a\u30d8\u30c3\u30b8\u624b\u6bb5\u3082\u9650\u3089\u308c\u307e\u3059\u3002<\/p>\n<ul>\n<li>\u30d3\u30c3\u30c9\u30fb\u30aa\u30d5\u30a1\u30fc\u306e\u5e83\u3055\u306a\u3069\u53d6\u5f15\u30b3\u30b9\u30c8\u304c\u9ad8\u3044<\/li>\n<li>\u30ea\u30bf\u30fc\u30f3\u5206\u5e03\u304c\u975e\u6b63\u898f\u3067\u3001\u30c6\u30fc\u30eb\u30fb\u30a4\u30d9\u30f3\u30c8\u304c\u8d77\u304d\u3084\u3059\u3044<\/li>\n<li>\u5371\u6a5f\u6642\u306b\u306f\u76f8\u95a2\u304c\u9ad8\u307e\u308a\u3001\u5206\u6563\u52b9\u679c\u304c\u5931\u308f\u308c\u3084\u3059\u3044<\/li>\n<li>\u8cc7\u672c\u898f\u5236\u306b\u3088\u308a\u3001\u30ce\u30f3\u30fb\u30c7\u30ea\u30d0\u30e9\u30d6\u30eb\u30fb\u30d5\u30a9\u30ef\u30fc\u30c9\uff08NDF\uff09\u3092\u4f7f\u3046\u3053\u3068\u304c\u591a\u3044<\/li>\n<li>\u653f\u5e9c\u306e\u4ecb\u5165\u3084\u56fa\u5b9a\u76f8\u5834\u5236\u306e\u5d29\u58ca\u306e\u30ea\u30b9\u30af<\/li>\n<\/ul>\n<h2>\u52b9\u7387\u3088\u304f\u5b66\u3076\u306b\u306f FA-Academy<\/h2>\n<p>CFA\u00ae\ufe0e\u306e\u5354\u4f1a\u30c6\u30ad\u30b9\u30c8\u306f\u82f1\u8a9e\u3067\u5206\u91cf\u3082\u591a\u304f\u30011\u3064\u3072\u3068\u3064\u306e\u5358\u5143\u3092\u82f1\u8a9e\u3060\u3051\u3067\u7406\u89e3\u3057\u3066\u3044\u304f\u306e\u306f\u5927\u304d\u306a\u8ca0\u62c5\u3067\u3059\u3002<\/p>\n<p>FA-Academy\uff08Financial Analyst Academy\uff09\u306f\u3001<strong>\u65e5\u672c\u8a9e\u3067\u5b66\u3079\u308b\u6570\u5c11\u306a\u3044CFA\u00ae\ufe0e\u8a66\u9a13\u30b5\u30dd\u30fc\u30c8<\/strong>\u3067\u3059\u3002\u3053\u308c\u307e\u3067 Level 1 \u304b\u3089 Level 3 \u307e\u3067\u591a\u304f\u306e\u5408\u683c\u8005\u3092\u8f29\u51fa\u3057\u3066\u304a\u308a\u3001\u5408\u683c\u8005\u306e\u65b9\u3005\u3068\u306e\u5bfe\u8ac7\u3082\u6570\u591a\u304f\u516c\u958b\u3057\u3066\u3044\u307e\u3059\u3002\u3069\u3093\u306a\u65b9\u304c\u3001\u3069\u306e\u3088\u3046\u306b\u5408\u683c\u3055\u308c\u305f\u306e\u304b\u306f<a href=\"https:\/\/triumphmind.com\/cfa\/category\/gokaku\/\" target=\"_blank\" rel=\"noopener\">\u5408\u683c\u8005\u5bfe\u8ac7\u30fb\u5408\u683c\u4f53\u9a13\u8ac7\u306e\u4e00\u89a7<\/a>\u304b\u3089\u3054\u89a7\u3044\u305f\u3060\u3051\u307e\u3059\u3002<\/p>\n<ul>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/level3-mail\/\" target=\"_blank\" rel=\"noopener\">Level 3 \u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u306e\u7121\u6599\u30b5\u30f3\u30d7\u30eb\u3092\u53d7\u3051\u53d6\u308b\uff087\u65e5\u9593\u30e1\u30fc\u30eb\u8b1b\u5ea7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/timerex.net\/s\/cfa.tips.slack_2a23\/e72e883e\/\" target=\"_blank\" rel=\"noopener\">\u7121\u6599\u500b\u5225\u9762\u8ac7\u3092\u4e88\u7d04\u3059\u308b\uff08\u5b66\u7fd2\u8a08\u753b\u306e\u3054\u76f8\u8ac7\uff09<\/a><\/li>\n<li><a href=\"https:\/\/triumphmind.com\/cfa\/course\/\" target=\"_blank\" rel=\"noopener\">\u53d7\u8b1b\u6848\u5185\uff08\u30b3\u30fc\u30b9\u4e00\u89a7\u30fb\u53d7\u8b1b\u6599\uff09\u3092\u898b\u308b<\/a><\/li>\n<\/ul>\n<div class=\"cfalm-nav\">\u524d\u306e\u5358\u5143\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/2026\/09\/22\/cfa-l3-drm-lm2\/\">LM2 Swaps, Forwards, and Futures Strategies\uff08\u30b9\u30ef\u30c3\u30d7\u30fb\u30d5\u30a9\u30ef\u30fc\u30c9\u30fb\u5148\u7269\u306e\u6226\u7565\uff09<\/a><br \/>\n\u5168\u4f53\u306e\u76ee\u6b21\uff1a<a href=\"https:\/\/triumphmind.com\/cfa\/cfa-curriculum\/#l3-drm\">CFA\u00ae\ufe0e \u5b66\u7fd2\u5185\u5bb9\u306e\u76ee\u6b21\uff08Level 3 Derivatives and Risk Management\uff09<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CFA\u00ae\ufe0e Level 3 Derivatives and Risk Management LM3\u300cCurrency Management: An Introduction\uff08\u901a\u8ca8\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u5165\u9580\uff09\u300d\u306eLOS\uff08\u5b66\u7fd2\u76ee\u6a19\uff09\u3068\u91cd\u8981\u8ad6\u70b9\u3092\u3001\u6700\u65b0\u7248\u30ab\u30ea\u30ad\u30e5\u30e9\u30e0\u306b\u57fa\u3065\u3044\u3066\u65e5\u672c\u8a9e\u3067\u6574\u7406\u3057\u307e\u3057\u305f\u3002<\/p>\n","protected":false},"author":1,"featured_media":11232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-10886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-level3-topics"],"_links":{"self":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/comments?post=10886"}],"version-history":[{"count":2,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10886\/revisions"}],"predecessor-version":[{"id":11371,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/10886\/revisions\/11371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media\/11232"}],"wp:attachment":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media?parent=10886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/categories?post=10886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/tags?post=10886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}