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Blue Corp. holds equity securities in its portfolio and is accounting for those investments using the FV-OCI method. On March 1, 2023, the company purchased
Blue Corp. holds equity securities in its portfolio and is accounting for those investments using the FV-OCI method. On March 1, 2023, the company purchased 11000 shares of a publicly traded company for $464000 and paid a commission (brokerage fee) of $4640 on the purchase transaction. What is the cost base of the investment to include for the recording of the portfolio value? - $4644640 - $4640000 - $4635360 - None of the choices are correct
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