Question: The fair value option Multiple Choice 4 1 : 5 2 Can be traded on exchanges, similar to other options. For debt is available only

The fair value option
Multiple Choice
41:52
Can be traded on exchanges, similar to other options.
For debt is available only if anticipated to not be held to maturity.
Must be elected when a security is purchased, and is irrevocable.
Is not available for equity-method investments.
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The fair value option Multiple Choice 4 1 : 5 2

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