QUESTIONS 109 THROUGH 114 RELATE TO ALTERNATIVE INVESTMENTS.

112. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2013

112. The return on a commodity index is likely to be different from returns on the underlying

commodities because:

A. assets are not marked to market.

B. data are subject to survivorship bias.

C. indices are constructed using futures contracts.