Question: The fair value option Multiple Choice 0 0 : 1 3 : 5 3 Must be elected when a security is purchased, and is irrevocable.

The fair value option
Multiple Choice
00:13:53
Must be elected when a security is purchased, and is irrevocable.
Can be traded on exchanges, similar to other options.
For debt is available only if anticipated to not be held to maturity.
Is not available for equity-method investments.
The fair value option Multiple Choice 00:13:53 Must be elected when

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