Question: Paying $ 1 , 0 0 0 , 0 0 0 for an investment classified as held - to - maturity is a cash outflow

Paying $1,000,000 for an investment classified as held-to-maturity is a cash outflow in the investing activities section of the statement of cash flows.
Question 2 options:
1)
True.
2)
False.

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