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Basic Question 0 of 5

The theory of storage predicts ______ relationship between the level of inventories and the convenience yield.

A. a direct
B. an inverse
C. no

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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 uses of private business valuation and explain applications of greatest concern to financial analysts;

CFA® 2025 Level II Curriculum, Volume 4, Module 25.