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Markel Inc. has bonds outstanding during a year in which the general frisk free) rate of interest has not changed. Markel elected the fair value

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Markel Inc. has bonds outstanding during a year in which the general frisk free) rate of interest has not changed. Markel elected the fair value option for the bonds upon issuance. What will the company report for the bonds in its income statement for the year? Multiple Choice O Interest expense and again Interest expense and a los A gain and no interest expense

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