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 0 of 3

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

User Contributed Comments 0

You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

explain how the information ratio may be useful in investment manager selection and choosing the level of active portfolio risk;

compare active management strategies, including market timing and security selection, and evaluate strategy changes in terms of the fundamental law of active management;

CFA® 2025 Level II Curriculum, Volume 6, Module 38.