1 Which of the following is NOT a common cost of owning a physical commodity? Insurance costs Dividend costs Transportation costs Financing costs 2. Which of the following statements is true? Review Later Commodities can only be traded over-the-counter. Commodities can be traded in the spot market but not in the derivatives market. Exchange-traded commodities must be produced and traded in large enough quantities to facilitate liquidity. Commodities can be traded in the futures market in any size or amount. 3 Select the commodity whose price is most heavily impacted by political uncertainty. Review Later Diamond Live cattle Crude oil DO Rough rice 4. Which of the following are examples of soft commodities (softs)? Select ALL correct answers. Review Later Platinum Coffee Lumber Natural gas 5 Which of the following statements on electricity is NOT correct? Review Later Electricity is traded on many exchanges globally in various contract sizes and currencies. Electricity can be transferred and stored efficiently. Electricity is completely fungible. Electricity is a type of energy commodity