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A company began operations in the current year and acquired short - term debt investments in trading securities . The year - end cost and

A 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 investments follow.

\

table

[[

Trading Securities,Cost,Fair Value

], [

TSM bonds,$

31, 300,

29, 300

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