Which of the following statements are correct? Choose all that apply. 1. Investments in debt securities are
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Question:
Which of the following statements are correct?
Choose all that apply.
1. Investments in debt securities are carried at cost.
2. Unrealized and realized gains and losses are reported together.
3. Investments in equity securities are carried at fair market value.
4. Investments in derivatives are recorded as either assets or liabilities.
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