Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 7 of 7
Which statement is FALSE regarding contango? A. It generally lowers the return of the long-only investor.
B. The commodity forward curve is upward sloping.
C. It occurs when the convenience yield is high.
User Contributed Comments 0
You need to log in first to add your comment.
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
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.