3.54.87-What method determines carrying values for off-market swaps in hedge accounting? (1) Historical cost only (2) Present value of differential (3) Mark to market daily (4) Nominal amount basis

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter14: Multinational Capital Budgeting
Section: Chapter Questions
Problem 6QA
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which is correct?

3.54.87-What method determines carrying
values for off-market swaps in hedge
accounting?
(1) Historical cost only
(2) Present value of differential
(3) Mark to market daily
(4) Nominal amount basis
Transcribed Image Text:3.54.87-What method determines carrying values for off-market swaps in hedge accounting? (1) Historical cost only (2) Present value of differential (3) Mark to market daily (4) Nominal amount basis
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