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1. The use of the fair value option to account for Non-current liabilities is allowed by IFRS. Many companies would prefer to use the fair

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1. The use of the fair value option to account for Non-current liabilities is allowed by IFRS. Many companies would prefer to use the fair value option. Do you agree? Explain why 2. Chapters 14 and 15 discuss the main two long-term sources of financing available for companies; debt financing and equity financing. Discuss the advantages and disadvantages of each financing option

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