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(Using IFRS) 1) Why are the investments listed at fair value and not cost? 2) Why is the loss on the Investment- deducted from retained

(Using IFRS)
1) Why are the investments listed at fair value and not cost?
2) Why is the loss on the Investment- deducted from retained earnings but the gain on Investments through OCI is part of A-OCI?
3) Why is one FV investment considered as a current asset, and the other a long-term investment? How can you tell the difference

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