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Suppose that Ralph Lauren Company has actively - traded investment securities that cost $ 6 6 million. The current fair value of the investment securities

Suppose that Ralph Lauren Company has actively-traded investment securities that cost $66 million. The current fair value of the investment securities is $80 million. The securities will be reported on the balance sheet at
$66 million.
$146 million.
$14 million.
$80 million.
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