As the two start their lives together, here are five things about Jordanâs second wife: 1. Sheâs now a stepmother. At 35, Prieto is 15 years younger than her new 50-year-old husband, who was previously married to Juanita Vanoy, from 1989 to 2006. Vanoy and Jordan have three grown children together: Marcus, Jeffrey and Jasmine.
cash flow hedge. A transaction done to offset risks from the variability of cash flow that would otherwise negatively affect profits. For example, an oil importer projects that the price per barrel of oil will decrease in the future, thus reducing his profits.
To hedge is to take a futures position that is equal and opposite to a position held in the cash market. The objective is to mitigate the risk of an adverse move in prices. Hedging works in mitigating price risk because futures prices and cash prices are highly correlated.