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At the beginning of Year 1, Jimbo Company purchased a portfolio of trading securities for $33. At the end of Year 1, the portfolio had

At the beginning of Year 1, Jimbo Company purchased a portfolio oftradingsecurities for $33. At the end of Year 1, the portfolio had a value of $40. At the end of Year 2, the portfolio had a value of $25. During Year 3, the entire portfolio is sold for $20. What is the amount ofunrealizedgain or loss forYear 3?

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