When an election is made not to bifurcate a hybrid financial instrument, how should this be disclosed on the financial statements?

  1. I. As separate line items for the fair value and non–fair value instruments on the balance sheet.
  2. II. As an aggregate amount of all hybrid instruments with the amount of the hybrid instruments at fair value shown in parentheses.
  3. III. As a footnote disclosure.
    1. a. I only.
    2. b. II and III only.
    3. c. III only.
    4. d. I and II only.