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Basic Question 6 of 13
Which of the three distinct sources of return is close to the T-bill return?
B. Roll yield
C. Spot price return
A. Collateral yield
B. Roll yield
C. Spot price return
User Contributed Comments 1
| User | Comment |
|---|---|
| vatsal92 | T-bill is a collateral. |
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
Learning Outcome Statements
compare theories of commodity futures returns;
describe, calculate, and interpret the components of total return for a fully collateralized commodity futures contract;
contrast roll return in markets in contango and markets in backwardation;
CFA® 2025 Level II Curriculum, Volume 5, Module 33.