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Kitty Company began operations in the current year and acquired short - term debt investments in trading securities . The year - end cost and

Kitty Company began operations in the current year and acquired short

-

term debt investments in trading securities

.

The year

-

end cost and fair values for its portfolio of these debt investments follow.

\

table

[[

Trading Securities,Cost,Fair Value

], [

Tesla Bonds,$

15, 300,

11, 475

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