Despite Arizona's remarkable growth in recent years, we have met the current federal health standards for ozone pollution and the Environmental Protection Agency recently approved our dust control plan. ↗
The Growing Smarter laws now in place compel every community to plan their future growth and allow every citizen the right to be heard when those decisions are made. ↗
We improved the environment in which our children live, learn and play by decreasing crime and clamping down on abuse and violence in the home and on the streets. ↗
While I have some regrets that this is my last opportunity to deliver a State of the State address, I appreciate and am humbled by the opportunities this great state has given me. ↗
Briefly speaking, our conclusion is that stochastic volatility does not make a huge difference as far as the pricing is concerned if you get the average volatility right. It makes a big difference as far as hedging is concerned. ↗