My question is this. My professor asked me the differences between fair value cash flow and foreign currency hedges? I have read my text and even looked online and cannot find fair value cash flow. I see fair value, I also see cash flow but not together. Is there a link that can better help me? How can I answer a question that I cannot find.:confused:

"Fair value" and "cash flow" are two forms of forex hedges. See here...

Foreign exchange hedge - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Foreign_exchange_hedge)

... for a brief discussion.