CFA Practice Question

There are 195 practice questions for this study session.

CFA Practice Question

Which of the three distinct sources of return is close to the T-bill return?

A. Collateral yield
B. Roll yield
C. Spot price return
Correct Answer: A

It is the return on cash used as a margin to take long derivatives exposure. The roll yield is also called the convenience yield.

User Contributed Comments 1

User Comment
vatsal92 T-bill is a collateral.
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