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Which investment securities will not reported at fair value

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Reference no: EM132984778

Problem 1: Assume common stock is the only class of stock outstanding in the Phelps Corporation. Total stockholders' equity divided by the number of common stock shares outstanding is called

a. book value per share.

b. par value per share.

c. stated value per share.

d. market value per share.

Problem 2:  Which of the following investment securities will not reported at fair value under GAAP?

A) Bonds held as trading securities

B) Debt securities held as available for sale securities

C) Debt securities held to maturity

D) All of the above are reported at fair value

Reference no: EM132984778

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