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1 1 | quirea inrormation Use the following information for the Quick Study below. ( Algo ) [ The following information applies to the questions

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11|quirea inrormation
Use the following information for the Quick Study below. (Algo)
[The following information applies to the questions displayed below.]
Kitty Company began operations in the current year and acquired short-term debt investments in trading securities. The year-end cost and fair values for its portfolio of these debt investments follow.
\table[[Trading Securities,Cost,Fair Value],[Tesla Bonds,$15,600,$11,700
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