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Explanation:
Section: (none)

NEW QUESTION: 3
Click on the Exhibit Button to view the Formula Sheet. For which of the following reasons is the extension of forward contracts at non-current rates is discouraged: i.These could be used to conceal profit or losses.
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iv.These could result in confusing settlement instructions.
A. (i) & (iii).
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C. (i), (ii), (iii), & (iv).
D. (i), (ii) & (iii).
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