"Financial Instruments and Derivatives and Hedging." Assume that you are preparing to submit responses to the FASB Exposure Draft related to Derivatives and Hedging. Please respond to the following:
Formulate a response that addresses the following:
o Explain the guidance that you believe is needed and state why.
o Discuss what you support and do not support about the exposure draft and state why.
o Explain what modification you would make to the guidelines.