[CFA level 1模拟真题]Version 1 Questions－Q51 face, investor, expect, likely, level

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Q51. an investor would most likely expect commodities to have correlations with traditional stock or bond investments and inflation, respectively, that are:

Correlation with traditional stock                  correlation with inflation

or bond investments

A.    positive                                           positive

B.    positive                                           negative

C.    negative                                           positive

D.    negative                                           negative

 

答案和详解如下：

Q51.    C  Study Session 18-79.w

A primary motivation for an investment in commodities, commodity derivatives, commodity-linked bonds, and commodity – linked equity are the diversification benefits provided due to the negative return correlation with other asset and the positive correlation with inflation.

xxjj564

 a

merlinna

 c

jiguobiao

a

fpoon

thx

elea0930

c

Allenliu

[em02]

vivivin

re

84821983

SADasdAS

clover

c