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ABC purchased a debt security that it plans to hold unless it is needed for liquidity purposes. Should this security be considered held-to maturity? Explain.

ABC purchased a debt security that it plans to hold unless it is needed for liquidity purposes. Should this security be considered held-to maturity? Explain.

Provide a proper reference from FASB Codification in proper form: xxx-xx-xx-xx or xxx-xx-xx

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