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StampCo Corporation bought 100 corporate bonds of Bates Corporation on December 1, Year One. Company officials are trying to decide whether to report this asset

StampCo Corporation bought 100 corporate bonds of Bates Corporation on December 1, Year One. Company officials are trying to decide whether to report this asset as an investment in trading debt securities or as an investment in available-for-sale debt securities. How is this decision made

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