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On December 3 1 , Reggit Company held the following short - term investments in its portfolio of available - for - sale debt securities

On December 31, Reggit Company held the following short-term investments in its portfolio of available-for-sale debt securities. Reggit had no short-term investments in its prior accounting periods.
Available-for-Sale Securities Cost Fair Value
Verrizano Corporation bonds $ 61,000 $ 59,780
Preble Corporation notes 42,00037,380
Lucerne Company bonds 57,00054,720

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