As the two start their lives together, here are five things about Jordanâs second wife: 1. Sheâs now a stepmother. At 35, Prieto is 15 years younger than her new 50-year-old husband, who was previously married to Juanita Vanoy, from 1989 to 2006. Vanoy and Jordan have three grown children together: Marcus, Jeffrey and Jasmine.
cash flow hedge. A transaction done to offset risks from the variability of cash flow that would otherwise negatively affect profits. For example, an oil importer projects that the price per barrel of oil will decrease in the future, thus reducing his profits.
FAIR VALUE HEDGING. Example 4.13âAccounting for a Hedge of a Firm Commitment to Purchase Silver with a Forward Contract. For simplicity, the impact of commissions and other transaction costs, initial margin, and income taxes have been ignored.he basis adjustment recognized in earnings related to the firm commitment will be equal to the changes in the discounted fair value of the forward contract. All criteria for hedge accounting have been met. The forward contract is at market rates; therefore, no cash was exchanged at inception of the contract.