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Hw 10-28 : Gains or losses on fair value hedges are a. reported directly in retained earnings. b. ignored completely. c. recorded in equity, as

Hw 10-28 : Gains or losses on fair value hedges are

a.

reported directly in retained earnings.

b.

ignored completely.

c.

recorded in equity, as part of other comprehensive income.

d.

deferred.

e.

reported directly in net income.

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