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Business, 22.04.2021 22:10 shainaanderson24

Our company has two derivatives related to two different financial instruments, instrument A and instrument B, both of which are debt instruments. The derivative related to instrument A is a fair value hedge, and the derivative related to instrument B is a cash flow hedge. During the current year, our company experienced gains in the value of instruments A and B due to a change in interest rates. Both of these debt instruments and their related derivatives are still outstanding at the end of the current year. Which of the gains on these hedged financial instruments should be reported by our company in its income statement during the current year

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