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Basic Question 5 of 7

The commodity's cost of carry include:

I. storage cost
II. interest
III. convenience yield

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe features of commodities and their investment characteristics

analyze sources of risk, return, and diversification among natural resource investments

CFA® 2025 Level I Curriculum, Volume 5, Module 5.