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Basic Question 5 of 7
The commodity's cost of carry include: I. storage cost
II. interest
III. convenience yield
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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
describe features of commodities and their investment characteristics
analyze sources of risk, return, and diversification among natural resource investments
CFA® 2024 Level I Curriculum, Volume 5, Module 5.