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The gain or loss on the sale of an investment classified as available-for-sale is measured by comparing the amount received from the sale of investment

The gain or loss on the sale of an investment classified as "available-for-sale" is measured by comparing the amount received from the sale of investment with the:

Select one:

a. I dont know

b. Market value of the investment

c. Cost of the investment

d. Amortized cost of the investment

e. Lower-of-cost-or-market value of the investment.

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