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1 . Identify the implications of the various hedging options. 2 . Describe the four major types of derivative contracts. 3 . Determine the strategies

1. Identify the implications of the various hedging options.
2. Describe the four major types of derivative contracts.
3. Determine the strategies for applying one hedging option versus another in international transactions.
4. Explain the accounting effects of various hedging options for financial statements.

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