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Each case is independent of the other. For the following investments identify whether they are trading securities, available-for-sale securities, or held-to-maturity securities. Each answer option
Each case is independent of the other. For the following investments identify whether they are trading securities, available-for-sale securities, or held-to-maturity securities. Each answer option may be used once, more than once, or not at all. A bond that will mature in 4 years was bought 1 month ago when the price dropped. As soon as the value increases, which is expected next month, it will be sold. Bonds that will mature in 5 years are purchased. The company would like to hold them until they mature, but money has been tight recently and they may need to be sold. A bond that matures in 10 years was purchased. The company is investing money set aside for an expansion project planned 10 years from now. A. Trading Securities B. Available-for-Sale Securities C. Held-to-Maturity Securities
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