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Investments

6 Months Ended

Nov. 30, 2013

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Investments

NOTE 3 Investments

The following is a summary of investments:

		Gross Amortized Costs				Gross Unrealized Gains				Fair Value
		(Dollars in thousands)
November 30, 2013
U. S. Treasury Bills		$	5,000			$	—			$	5,000
May 31, 2013
U. S. Treasury Bills		$	4,000			$	—			$	4,000

The fair value is determined by a secondary market for U.S. Government Securities. At November 30 and May 31, 2013, the U.S. Treasury Bills matures within two and three months, respectively.

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