Assume the following is a portion of the investments footnote from MetLife's 2016 10-K report....
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Finance
Assume the following is a portion of the investments footnote from MetLife's 2016 10-K report. Investment earnings are a crucial component of the financial performance of insurance companies such as MetLife, and investments comprise a large part of Metlife's assets. MetLife accounts for its bond investments as available-for-sale securities.
At what amount does MetLife report its bond investments on its balance sheets for 2016 and what are the net unrealized gains (losses) for 2016?
Select one:
A. $223,926 million, $8,329 million gain
B. $230,050 million, $2,205 million loss
C. $230,050 million, $6,124 million gain
D. $223,926 million, $6,124 million gain
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