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Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated firm commitment to purchase equipment, strengthening $ SS during this time period are

image text in transcribedimage text in transcribed Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated firm commitment to purchase equipment, strengthening $ SS during this time period are as follows: a For settlement on March 20, 2019 b We ignore discounting in the computation of fair values. Note: If no entry is required, select "No entry" as your answers under Description and leave the debit and credit answers blank (zero). Reconcile to the forward rate at the forward contract's inception the net cash paid for both the equipment purchase and the settlement of the forward-contract derivative. Note: Do not use a negative sign with your answer. Vet cash paid for equipment purchase and settlement of the forward contract derivative is: Forward exchange contract designated as a fair value hedge of a foreign-currency-denominated firm commitment to purchase equipment, strengthening $ SS during this time period are as follows: a For settlement on March 20, 2019 b We ignore discounting in the computation of fair values. Note: If no entry is required, select "No entry" as your answers under Description and leave the debit and credit answers blank (zero). Reconcile to the forward rate at the forward contract's inception the net cash paid for both the equipment purchase and the settlement of the forward-contract derivative. Note: Do not use a negative sign with your answer. Vet cash paid for equipment purchase and settlement of the forward contract derivative is

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