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Basic Question 1 of 4
The valuation of commodities is based on ______.
B. the estimation of future cash flows
C. a discounted forecast of future possible prices
A. the estimation of future profitability
B. the estimation of future cash flows
C. a discounted forecast of future possible prices
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
contrast the valuation of commodities with the valuation of equities and bonds;
CFA® 2025 Level II Curriculum, Volume 5, Module 33.