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What is the raw material for evolutionary change because it provides the diversity on which natural selection acts?
Cross-Hedging
Hedging an asset with contracts written on a closely related, but not identical, asset.
Basis Risk
Risk that futures prices will not move directly with the cash price hedged.
May Coffee Futures
Contracts for the future delivery of coffee that are due in May, used for hedging and speculative purposes in the commodities market.
Settlement Value
The final value at which a futures contract is settled upon expiration or closing.
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