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What Was the Impact on Mosby's 2018 Net Income as a Result

Question 71

Multiple Choice

What was the impact on Mosby's 2018 net income as a result of this fair value hedge of a firm commitment?

A) $1,760.60 decrease.
B) $1,960.60 decrease.
C) $1,000.00 decrease.
D) $1,760.60 increase.
E) $1,960.60 increase.

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