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.