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Tamarisk, Inc. has an investment in trading securities of $160000. This investment experienced an unrealized loss of $9000 during the current year. Assuming a 33%

Tamarisk, Inc. has an investment in trading securities of $160000. This investment experienced an unrealized loss of $9000 during the current year. Assuming a 33% tax rate, the effect of this loss on comprehensive income will be

$107200 decrease.

$160000 increase.

$52800 decrease.

no effect.

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