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Part B [16 marks]: Neon Corp. holds an investment portfolio. The Fair Value information of the various investments are provided below: During 2023, the flowing
Part B [16 marks]: Neon Corp. holds an investment portfolio. The Fair Value information of the various investments are provided below: During 2023, the flowing transactions occurred: On Jun 3:. Sold CompA shares for $18 Million On Jul 1: Purchased CompB bonds at Face Value (par bond). Coupon interest rate is 8% with semiannual payments. The purchase price was $35 Million On Sep 1: Purchased CompC shares for $15 Million On Dec 31: Received interest payment from CompB bond Continue to assume that the investment portfolio held by Neon is classified as FVOCI (c) Prepare partial presentation of "Statement of Profit or Loss and Other Comprehensive Income" for the year ending Dec 31 2023. [4 Marks]
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