What was the net impact on Keefer Companys Year 2 income as a result of this fair

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What was the net impact on Keefer Company’s Year 2 income as a result of this fair value hedge of a firm commitment?

a. $0.

b. An $839.40 decrease in income.

c. A $74,160.60 increase in income.

d. A $76,200.00 increase in income.

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International Accounting

ISBN: 978-1260466539

5th edition

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera

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Question Posted: Sep 20, 2019 07:25 AM

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What was the net impact on Keefer Companys Year 2 income as a result of this fair

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International Accounting

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