QUESTIONS 109 THROUGH 114 RELATE TO ALTERNATIVE INVESTMENTS

113. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING 2012
113. When market participants expect the spot price of a commodity to be higher in the future, the commodity market is most likely said to be in: A. contango. B. full carry. C. backwardation.