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LOS m: Compare and contrast indirect and direct commodity investment.
Q1. Compared to direct investing in commodities, indirect investing is usually considered to be:
A) less convenient.
B) more convenient.
C) just as convenient, which is very convenient.
Q2. Direct investment in commodities has become easier for all investors because of the:
A) increase in hedging activities of managers in firms that produce and/or deal in commodities.
B) the increase in the number of commodity indices.
C) increased number of hedge funds in these markets.
Q3. Compared to indirect investments in commodities, direct investments offer:
A) more exposure to commodity returns but higher carrying costs.
B) less exposure to commodity returns and higher carrying costs.
C) less exposure to commodity returns but lower carrying costs. | 
发表于 2009-3-11 09:50
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