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Basic Question 3 of 5
The asset price should be independent from the index provider. Which characteristics of the commodity index does this principle apply to?
B. The relative weightings
C. The governance of indexes
A. The breadth of coverage
B. The relative weightings
C. The governance of indexes
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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
describe how commodity swaps are used to obtain or modify exposure to commodities;
describe how the construction of commodity indexes affects index returns.
CFA® 2025 Level II Curriculum, Volume 5, Module 33.