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1 . Assume Intervale Railway is considering investing in Pale Co. stock for three months . The investment will represent 5%/ of the voting stock

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1 . Assume Intervale Railway is considering investing in Pale Co. stock for three months . The investment will represent 5%/ of the voting stock of Pale Co . How would the investment be classified ? A. Held - to - maturity debt investment B. No significant interest equity investment C. Significant interest equity investment D. Controlling interest equity investment

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