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Moyers Company purchased trading securities for a total cost of $65,000. At the end of...

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Accounting

Moyers Company purchased trading securities for a total cost of $65,000. At the end of the period, it was determined that these securities had an unrealized gain of $3,000. Based on this information, what is the fair value of these securities?

A)$21,000

B)$68,000

C)$19,500

D) $62,000

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