Actual or observed

• Is the real or reported price, data, or event. It compares to the Theoretical, Implied or Hypothetical price, data, or event. The actual or observed data describe or define the underlying process or condition.

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 Actual hedging

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Discovery consists of looking at the same thing as everyone else does and thinking something different. - Albert Szent-Gyorgyi, 1937 Nobel Prize in Physiology and Medicine


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