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3 Cards in this Set
- Front
- Back
Trading Securities |
Actively managed in trading account to profit from short-term price changes fair value option used for trading securities because fair value information more relevant for these types of assets. |
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Rationale For AFS treatment of unrealized holding gains and losses |
If included in Net income, may make it more volatile. Changes in FV from AFS investments offset FV changes for liabilites-- Hedging |
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f |
f |