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Basic Question 0 of 4

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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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain how interest rate volatility affects the value of a callable or putable bond;

explain how changes in the level and shape of the yield curve affect the value of a callable or putable bond;

calculate the value of a callable or putable bond from an interest rate tree;

CFA® 2025 Level II Curriculum, Volume 4, Module 28.