DISCUSSION QUESTIONS - Benedictine

Unrealized gains and losses from available-for-sale securities are not reported in the income statement. The net unrealized holding gain for available-for-sale securities as of the end of 2004 was $32 million. The change in the cumulative unrealized gain during 2004 was $10 computed as follows: Cumulative net unrealized gain as of December 31 ... ................
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