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What valuation method should roger use to report the bonds

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Reference no: EM132775754

Problem 1: Roger Corp issued corporate bonds on January 25th for $1,000,000. Roger reports their financial statements in accordance with IFRS. What valuation method should Roger use to report their bonds on their statement of financial position at year end?

A. Amortized cost only.

B. Fair value method only.

C. Fair value through profit or loss only.

D. Either Amortized cost or Fair value through profit or loss.

Reference no: EM132775754

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