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An investor purchased bonds and intends to hold them until the maturity date which is 10 years into the future. The bonds were purchased at
An investor purchased bonds and intends to hold them until the maturity date which is 10 years into the future. The bonds were purchased at a discount. One year after purchase, this Held-to-Maturity Investment in Bonds will be reported at ________ on the balance sheet.
Group of answer choices
amortized cost
fair value
historical cost
lower of cost or market
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