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Core 1 > Financial instruments Passive investment > Flashcards

Financial instruments Passive investment Flashcards

1
Q

Debt can be recorder with FVOCI only if:

A

Business model objective is collecting contractual cash flows AND selling financial asset.

Contractual terms of the fa give rise on specified dates to cash flows that are solely payments of principal and interest on the amount outstanding

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Core 1 (4 decks)

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