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Suppose that Ralph Lauren Company has actively-traded investment securities that cost $76 million. The current fair value of the investment securities is $96 million. The

Suppose that Ralph Lauren Company has actively-traded investment securities that cost $76 million. The current fair value of the investment securities is $96 million. The securities will be reported on the balance sheet at $76 million. $172 million. $20 million. $96 million.
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Suppose that Ralph Lauren Company has actively-traded investment securities that cost $76 million. The current fair value of the investment securities is $96 million. The securities will be reported on the balance sheet at $76 million. $172 million. $20 million. $96 million

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