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which of the following securities purchased by misk should be classified as available-for-sale securities? i. debt securities bought and held for the purposes of reselling in the near future. ii. u.s. treasury bonds that misk intends and is able to hold to maturity. iii. an investment in debt securities that misk does not intend to sell in the near future but that could be sold if needed.

Answer :

Tutorconsortium708 Tutorconsortium708

Today at 4:15 PM

The Correct Option is III.

an investment in debt securities that misk does not intend to sell in the near future but that could be sold if needed.

Investment

Any asset that is purchased at cost with the expectation that its future worth would outweigh its current cost and time to value is referred to as an investment. This occurs as a result of the asset's value increasing. This could be because of:

altered market circumstances (such as with stocks)
a variation in the total supply (such as the works of a particular artist growing more expensive as collectors accumulate more of the overall supply)
as a result of an immediate improvement (such as with buying real estate and renovating to increase the value).

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