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1. What are the 3 key variables of the Expected Credit Loss Model according to AASB9's General Approach? 2. According to the General Approach, should
1. What are the 3 key variables of the Expected Credit Loss Model according to AASB9's "General Approach"? 2. According to the "General Approach", should the following securities be included in the Expected Credit Loss Model? If so, would there be a difference in their ECL and why? a. $1m Apple Bond, maturing in 10 years b. $1m Apple Bond, maturing in 5 years C. $1m Apple Shares
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