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To the extent the hedge is ineffective, a loss arising from the decrease in fair value of a derivative is included in current net income

To the extent the hedge is ineffective, a loss arising from the decrease in fair value of a derivative is included in current net income if the derivative qualifies and is designated as a:

Fair-Value Hedge Cash-Flow Hedge

A. No, No

B. No, Yes

C. Yes, Yes

D. Yes, No

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