Session 13: Market Organization, Market Indices, and Market Efficiency
Reading 56: Security Market Indices
LOS j: Discuss indices representing alternative investments.
Commodity price indexes are based on the prices of:
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real assets such as grains, oil, and precious metals. | |
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The constituent securities of commodity price indexes are commodity futures contracts. As a result, the return on a commodity index can be different than the returns from holding the constituent commodities themselves. | 
发表于 2011-3-29 16:27
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