A realized gain or loss on the sale of an available-for-sale debt security is determined by comparing

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A realized gain or loss on the sale of an available-for-sale debt security is determined by comparing the amortized cost of the security with the proceeds from the sale. This is because the amortized cost reflects any adjustments for amortization of premiums or accretion of discounts over the period the security was held, providing a more accurate basis for calculating the realized gain or loss.

A Realized Gain or Loss on the Sale of an Available-For-Sale