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**One or more option can be the answer also Q1) Gains or losses on speculative derivative investments are a. recorded in equity, as part of

**One or more option can be the answer also

Q1) Gains or losses on speculative derivative investments are

a. recorded in equity, as part of other comprehensive income. b. reported directly in net income. c. ignored completely. d. deferred. e. reported directly in retained earnings.

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