A risk manager wishes to hedge an investment in zirconium using futures. Unfortunately, there are no futures that are based on this asset. To determine the best futures contract to hedge with, the risk manager runs a regression (as shown below) of daily changes in the price of zirconium against daily changes in the prices of similar assets that have futures contracts associated with them: Change in Price of Zirconium =+( Change in Price of Asset )+t 0. A risk manager wishes to hedge an investment in zirconium using futures. Unfortunately, there are no futures that are based on this asset. To determine the best futures contract to hedge with, the risk manager runs a regression (as shown below) of daily changes in the price of zirconium against daily changes in the prices of similar assets that have futures contracts associated with them: Change in Price of Zirconium =+( Change in Price of Asset )+t Based on the results shown in the table above, futures tied to which asset would likely introduce the least basis risk into the hedging position? A. Asset A B. Asset B C. Asset C D. Asset D A risk manager wishes to hedge an investment in zirconium using futures. Unfortunately, there are no futures that are based on this asset. To determine the best futures contract to hedge with, the risk manager runs a regression (as shown below) of daily changes in the price of zirconium against daily changes in the prices of similar assets that have futures contracts associated with them: Change in Price of Zirconium =+( Change in Price of Asset )+t