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Lady Gaga Co. recently made an investment in the bonds issued by Chili Peppers Inc. Lady Gaga's business model for this investment is to profit

Lady Gaga Co. recently made an investment in the bonds issued by Chili Peppers Inc.
Lady Gaga's business model for this investment is to profit from trading in response to
changes in market interest rates.
How should this investment e classified by Lady Gaga?
Explain.?
image text in transcribed
4. Lady Gaga Co. recently made an investment in the bonds issued by Chili Peppers Inc. Lady Gaga's business model for this investment is to profit from trading in response to changes in market interest rates. How should this investment e classified by Lady Gaga? Explain

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