How does a company determine the fair value of a foreign


Question -

How does a company determine the fair value of a foreign currency forward contract?

How does it determine the fair value of an option?

How are changes in the fair value of an option accounted for in a cash flow hedge? In a fair value hedge?

When a measurement rather than translation is appropriate? How does translation differ from measurement?

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Accounting Basics: How does a company determine the fair value of a foreign
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