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Basic Question 3 of 4
Commodity prices can be determined using ______.
II. market supply and demand
III. CAPM
I. the DCF method
II. market supply and demand
III. CAPM
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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.