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Which of the following statements regarding securities classified as held to maturity is most accurate? A. Only debt securities can be classified as "held to maturity" securities. B. Equity securities can be classified as "held to maturity" if the security pays a large and consistent dividend and management has decided to hold the security for more than five years. C. Equity securities can be classified as "held to maturity" if the firm's management has decided to hold the security for more than five years. |