Hi Brave Ones,
Appreciate any help if possible.
READING 33 (COMMODITIY FWDS AND FUTURES) CFAI CURRICULUM, BOOK 5:
- Why does practice problem 3B does not include the “borrowing” part to buy the asset in the " cash and carry tableau", and in problem 1C it does?
How could one deduct this and simply assume we had the commodity at time zero?
Problem 1B (vol 5 page 203)
Problem 3B (vol 5 page 203)
Many thanks once again and keep commitment high.