Problem
1. Are disclosures of hedging effectiveness effective:
2. Are convertible bonds and convertible preferred stock examples of embedded derivatives?
3. Why do derivatives create difficult problems relative to balance sheet classification and valuation?
4. How does the term "embedded derivatives" compare with the term "embedded journalists" (from Gulf "Var II)?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.