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In 2021, Lussier Inc. bought bonds for the purpose of selling them quickly to earn profits from short-term changes in bond prices. These bonds should

In 2021, Lussier Inc. bought bonds for the purpose of selling them quickly to earn profits from short-term changes in bond prices. These bonds should be classified as:

a. Securities available for sale.

b. Held-to-maturity securities.

c. Trading securities.

d. Equity securities.

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