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Business, 18.03.2020 05:12 bbix420

An available-for-sale debt security was purchased on September 1, Year 4, between interest dates. The next interest payment date was February 1, Year 5. Because of a decline in fair value, the cost of the debt security substantially exceeded its fair value at December 31, Year 4. On the balance sheet at December 31, Year 4, the debt security should be carried at

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An available-for-sale debt security was purchased on September 1, Year 4, between interest dates. Th...
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