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Which of the following is not correct in regard to trading securities? 1) They are held with the intention of selling them in a short

Which of the following is not correct in regard to trading securities? 1) They are held with the intention of selling them in a short period of time. O2) Unrealized holding gains and losses are reported as part of net income. O 3) Any discount or premium is amortized. 04) All of these choices are correct

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