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Operational effectiveness includes all except
Profit
The financial gain realized when the revenue generated from business activities exceeds the expenses, taxes, and costs.
Convergence
The movement of the price of a futures contract towards the spot price of the underlying asset as the delivery date approaches.
Futures Contracts
Legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Spot Price
The current market price at which a particular asset can be bought or sold for immediate delivery.
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