Quest Click Submit to complete this assessment estion 6 1 points Sav You have an upcoming test in intermediate accounting You and your colleagues Mohamed and Must have made a study group to prepare for the test on debt vestments. You were discussing Awal Company's purchase of the following bonds beginning of the year 2020, Purchase of two identical sets of 5 year bonds, 5100,000, 7 bonds of all ag Company and 5100,000,7% of reen Company. Both Bonds meet the criteria to hold to maturity. You were discussing as to how awal should measure and account for these investments taking into consideration the current situation of Covio 19 pandemic Mohamed and Mustafa express their opinions on these investments Mohamed believes that on the date of purchase Awal should initially record both bondion date of purchase a amortized cost since they are going to be held to maturity However, he adds, that walcon choose the fair value option in subsequent years and report any unreakood gain or loss in the income statement in order to improve the company's earnings that are being offected by COVIO 19 conditions. Do you agree with Mohamed? If not explain to him why you disagree. Fotores ALTF10 O ALTF10 Macy B S X