A fair value hedge
a. is a derivative instrument acquired to hedge exposure to changes in the fair value of an asset or liability.
b. must be revalued each period and the resulting gain or loss is reflected in contributed capital each period.
c. is not revalued each period with no recognition given of the resulting gain or loss in earnings.
d. must be accounted for under the lower of cost or market principles.
e. must be revalued each period and the resulting gain or loss is reflected in reserves for contingencies each period.
A
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