Some of the newer futures contracts includeI) fashion futures.II) weather futures.III) electricity futures.IV) entertainment futures.

A) I and II
B) II and III
C) III and IV
D) I, II, and III
E) I, III, and IV

Electricity Futures

Financial contracts obligating the buyer to purchase, and the seller to sell, a specified amount of electricity at a predetermined price and future date.

Weather Futures

Financial contracts that allow market participants to hedge against or speculate on weather events, such as temperature or precipitation levels.

Fashion Futures

Fashion Futures is a term that can refer to the exploration of future trends, innovations, and sustainability practices within the fashion industry, focusing on long-term design and production strategies.