GREY:GRFJF - Post by User
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SkyeCairnson Sep 26, 2008 4:48pm
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Post# 15487863
Cash Flow Hedges
Cash Flow HedgesWGI in their financials indicated that the gold forward contracts were not considered by WGI as Cash Flow Hedges and therefore the contracts need to be mark to marketed. Did WGI have the option to treat them as cash flow hedges ? or are the hedges constructed in such a way they have to be MTM'd.?