1) under dynamic hedging, a position delta will change due to a change in all but the following?
A- change in momentun
B- change in the underlying asset's price
C- change in volatility expectations
D- change in interesr rate
2) higher risk adjusted returns can be accomplished by investing in commodities. This attribute is captured by which of the following?
A- Opportunity to hedge business operational risk
B- Inelastic pricing
C- Enhanced portfolio optimization
D- Greater price predictability
3) all but which of the following is a reason why the demand for commodities is expected to increase in the coming decades?
A- Advances in consumers standard of living
B- development of global economies
C- Adequate infrastructure
D- Increasing global population
4) Investing in commodities is underscored by ehich investing strategy?
A- Market timing
B-Tactical occurrence
C- Security selection
D- Asset allocation
