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A company has a discount on a forward contract for a foreign currency denominated asset How is the discount recognized over the life of the

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A company has a discount on a forward contract for a foreign currency denominated asset How is the discount recognized over the life of the contract under fair value hedge accounting? As a debit to discount expense As a debit to amortization expense As a debit to accumulated other comprehensive income As a debit impact on net income, as a result of the hedge As a decreases to sales

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