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Realized Gains or Losses on Available-For-Sale Debt Investments Represent the Difference

Question 169

Multiple Choice

Realized gains or losses on available-for-sale debt investments represent the difference between the ________.


A) historical cost and the average market value of the investment
B) fair value and the current market value of the investment
C) cash received at time of disposition and the fair value of the investment
D) cash received at time of disposition and the cost of the investment

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