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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 passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
contrast the valuation of commodities with the valuation of equities and bonds;
CFA® 2025 Level II Curriculum, Volume 5, Module 33.