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This is based on IFRS rules. The decision to elect the fair value option (FVO) A. Is Irrevocable until the next election date, if any.

This is based on IFRS rules.

The decision to elect the fair value option (FVO)

A. Is Irrevocable until the next election date, if any.

B. May be applied to a portion of a financial instrument.

C. Must be applied only to classes of financial instruments.

D. Must be applied to all instruments issued in a single transaction.

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