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When should debt security be classified as held-to-maturity? Also, what is the GAAP definition of fair value? Discuss. Respond to students who have different views

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When should debt security be classified as held-to-maturity? Also, what is the GAAP definition of fair value? Discuss. Respond to students who have different views than yours and state why. When should debt security be classified as held-to-maturity? Also, what is the GAAP definition of fair value? Discuss. Respond to students who have different views than yours and state why

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