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Business, 27.08.2019 00:20 BrianKeokot4534

If the fair value option was elected for held-to-maturity and available-for-sale investments, any gains and losses resulting from change in fair value of those investments will be shown in net income. if the fair value option was not elected, there would be no gains or losses on the held-to-maturity investments, and gains and losses on available-for-sale investments would be reported in other comprehensive income. in determining the fair value of an asset, the market based exit price should be adjusted fortransaction cost transportation cost

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