project2 - The disclosure requirement in FASB statement...

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The disclosure requirement in FASB statement No.133 does not provide users with enough information about the derivative instruments and hedged items. So the proposed new statement was issued to supplement the current disclosure structure. In addition, this statement makes users understand better about the underlying risk in the derivative instruments. Name: Assignment #2 Instructions: Adapted from Real World Case A-3 There are two parts for this professional simulation. A. Questions 1-5 are about the  Chicago Mercantile Exchange , or  CME, at 20 South Wacker Drive in Chicago. CME is the world's  largest financial exchange, an international marketplace enabling  institutions and businesses to trade futures and options contracts. B. Questions 6 and 7 are about a recent Exposure Draft issued by  Financial Accounting Standards Board  on derivatives. After you start, you have  two hours  to finish this assignment. You  can save and resume later.  DO NOT discuss this assignment with  anyone else . If you are caught, you will get a zero for this  assignment and a possible  F  for this class. 
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project2 - The disclosure requirement in FASB statement...

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