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Basic Question 0 of 6
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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
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.