Mid-South has three debt securities during 2020 and 2021, its first two years of operations....
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Mid-South has three debt securities during 2020 and 2021, its first two years of operations. The following information pertains to these securities. The fluctuations in these fair values are not considered permanent Securities Fair Value Fair Value Amortized Cost Amortized Cost (12/31/2020) (12/31/2021) (12/31/2020) (12/31/2021) HTM Security $350,000 $400,000 $380,000 $350,000 ABC Co. Bonds Trading Security DEF Co. Bonds $48,000 $60,000 $70,000 $65,000 AFS Security $130,000 $150,000 $140,000 $145,000 GHI Bonds What unrealized holding gain would Mid-South report in its 2021 other comprehensive income relative to its investments in bonds? O a. ($10,000) O b. ($5,000) O c. $15,000 O d. $10,000 O e. None of these answer choices are correct
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