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Impairments are a. recognized as a realized loss if the impairment is judged to be temporary. b. evaluated using the CECL model similar to receivables.

Impairments are

a. recognized as a realized loss if the impairment is judged to be temporary.

b. evaluated using the CECL model similar to receivables.

c. based on discounted cash flows for securities.

d. based on fair value for available-for-sale investments and on negotiated values for held-to-maturity investments.

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