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Basic Question 1 of 4

The valuation of commodities is based on ______.

A. the estimation of future profitability
B. the estimation of future cash flows
C. a discounted forecast of future possible prices

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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

contrast the valuation of commodities with the valuation of equities and bonds;

CFA® 2025 Level II Curriculum, Volume 5, Module 33.