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Beams10e Ch12 Derivatives and Foreign Currency Transactions
Beams10e Ch12 Derivatives and Foreign Currency Transactions
to accompany
Advanced Accounting, 10th edition
by Floyd A. Beams, Robin P. Clement,
Joseph H. Anthony, and Suzanne Lowensohn
• Hedged risk
– Variability in expected future cash flows
• Hedged risk
– Change in the value of the asset, liability, or
commitment