Coronado Corporation has elected to use the fair value option for one of its notes payable. The note was issued at an effective rate of and has a carrying value of $ At yearend, Coronados borrowing rate credit risk has declined; the fair value of the note payable is now $

a

Determine the unrealized holding gain or loss on the note. Enter loss using either a negative sign preceding the number eg or parentheses eg

Unrealized holding gain or loss $enter the unrealized holding gain or loss in dollars

eTextbook and Media

List of Accounts

Attempts: of used

b

The parts of this question must be completed in order. This part will be available when you complete the part above.