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Douglas Roberts has bonds outstanding during a year in which the market rate of interest has risen. Douglas Roberts has elected the fair value
Douglas Roberts has bonds outstanding during a year in which the market rate of interest has risen. Douglas Roberts has elected the fair value option for the bonds. What will the company report for the bonds in its statement of comprehensive income for the year? Mutiple Choice No rest expense and a loss No interest expense and a gain Interest expense and again Interest expense and a lo
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