Question: A decrease in the intrinsic value of a fair value hedge is: Multiple Choice accounted for as a decrease of current earnings. not recorded because

A decrease in the intrinsic value of a fair value hedge is:
Multiple Choice
accounted for as a decrease of current earnings.
not recorded because the exchange transaction has not yet occurred.
accounted for as a decrease of other comprehensive income.
accounted for as a liability to be offset with subsequent increases in the fair value of the hedge.

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