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Basic Question 1 of 4

The valuation of commodities is based on ______.

A. the estimation of future profitability
B. the estimation of future cash flows
C. a discounted forecast of future possible prices

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Lina

Lina

Learning Outcome Statements

contrast the valuation of commodities with the valuation of equities and bonds;

CFA® 2024 Level II Curriculum, Volume 5, Module 39.