114. For a commodity if futures prices are above the spot price, then the market is most
likely to be:
A. in contango.
B. in backwardation.
C. trading at a premium.
By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to
currently-registered CFA candidates. Candidates may view and print the exam for personal exam
preparation only. The following activities are strictly prohibited and may result in disciplinary and/or legal
action: accessing or permitting access by anyone other than currently-registered CFA candidates; copying,
posting to any website, emailing, distributing and/or reprinting the mock exam for any purpose.
Bạn đang xem 114. - CFA MOCK EXAM LEVEL I MOCK EXAM MORNING 2009