Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 6 of 13
Which of the three distinct sources of return is close to the T-bill return?
B. Roll yield
C. Spot price return
A. Collateral yield
B. Roll yield
C. Spot price return
User Contributed Comments 1
| User | Comment |
|---|---|
| vatsal92 | T-bill is a collateral. |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
compare theories of commodity futures returns;
describe, calculate, and interpret the components of total return for a fully collateralized commodity futures contract;
contrast roll return in markets in contango and markets in backwardation;
CFA® 2025 Level II Curriculum, Volume 5, Module 33.