Question 9 Which of the following items could qualify as hedging in Select one or more options and click Submit. struments? Half Measures plc has a pay-fixed, receive variable interest rate swap with a notional of US $200 million. It wishes to designate 50% of its swap as the hedging instrument of its US $100 million issued variable rate debt Huge Bank plc has 5-year variable rate debt. Huge Bank would like to designate 5 of the 10 years of a 10-year pay-fixed. receive-variable interest rate swap that it has as hedging its debt Deep and Dark Chocolate plc designates an exchange-traded cocoa bean future (over Colombian cocoa) as the hedging instrument in a hedge of its forecast purchase of Brazilian cocoa beans. Deep and Dark designates all of the changes in value of the future as hedging the forecast purchase, based on a hedge ratio of 0.97 quantities of the hedged cocoa to 1.00 quantities of the cocoa future determined by calculating the correlation between Colombian and Brazilian cocoa beans