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Related to accounting for marketable securities, the accounting under the fair value election is similar to that for which of the following portfolios (be sure

Related to accounting for marketable securities, the accounting under the fair value election is similar to that for which of the following portfolios (be sure to consider both the balance sheet and income statement impact)?

A.

Trading portfolio

B.

Available-for-sale portfolio

C.

Hold-to-maturity Portfolio

D.

Both A and B

E.

None of the above

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