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P 13-3 Cash-flow hedges, interest rate swap On January 1, 2016, Cam borrows $400,000 from Ven. The five-year term note is a variable-rate one in

P 13-3 Cash-flow hedges, interest rate swap On January 1, 2016, Cam borrows $400,000 from Ven. The five-year term note is a variable-rate one in which the 2016 interest rate is determined to be 8 perc...

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