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Question 4 Investments in bonds that management intends to hold to maturity are called available-for-sale securities. True False Question 5 Held-to-maturity securities a. are always

Question 4

Investments in bonds that management intends to hold to maturity are called available-for-sale securities.

True False

Question 5

Held-to-maturity securities

a. are always sold at a premium

b. include only bonds

c. are primarily purchased to earn interest revenue

d. are recorded on the income statement

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