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Basic Question 1 of 5

In the commodity swap market, a dealer may hedge its price risk exposure by ______.

I. hedging in the futures market
II. entering a swap with another party
III. purchasing a commodity contract

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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe how commodity swaps are used to obtain or modify exposure to commodities;

describe how the construction of commodity indexes affects index returns.

CFA® 2025 Level II Curriculum, Volume 5, Module 33.