When Accounting for a Fair Value Hedge of a Recognized

When accounting for a fair value hedge of a recognized asset or liability, on the date a firm enters the derivative contract and designates that contract as a fair value hedge,

A) no amount appears on the balance sheet for the derivative if the firm neither makes nor receives an initial payment.
B) it recognizes the derivative as an asset if it makes an initial payment.
C) it recognizes the derivative as a liability if it receives an initial payment.
D) all of the above
E) none of the above