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All investments in debt securities except classified-t or f

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Question 1: All investments in debt securities except those classified as held to collect are accounted for using the fair value method.

Question 2: Unrealized holding gains or losses, computed as the difference between fair value and amortized cost, are included in investment income if they are classified as trading securities, or are accumulated as a separately reported component of shareholders' equity if they are classified as securities available for sale.

Question 3: The gain (loss) on sale of debt investment at fair value through other comprehensive income is the excess of the selling price over the amortized cost of the bonds.

Question 4: For debt investments at FVTOCI, the difference of fair value to date and amortized cost to date is the cumulative balance of unrealized gain (loss) in other comprehensive income.

Reference no: EM133001443

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