Question: A trading security is transferred to the available - for - sale classification. The security should be transferred at Group of answer choices The book

A trading security is transferred to the available-for-sale classification. The security should be transferred at
Group of answer choices
The book value at the date of transfer if higher than the market value at the date of transfer
The market value at the date of transfer
Its cost, regardless of the market value at the date of transfer
d. The lower of cost or market at the date of transfer

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