cash flow hedge of a highly probable asset purchase: why is in a hedging situation when the hedging instrument has a gain of say 8 and the hedged item has a unrecognised loss of 10 i.e gain is lower than loss but still it is referred to as a FULLY EFFECTIVE HEDGE?
Quarter up/quarter up is the range previously accepted as being effective
I was sitting here looking in google to see if there were a link that I could send to you and then thought “Why can rameez himself not find an appropriate article” – so that’s what I’m going to recommend!