On January 1 of the current year, Plum Co. purchased 100 of the $1,000 face value, 10%, 10 year bonds of Carmine Co. The bonds mature on January 1 in 10 years and pay interest annually on January 1. Plum Co. purchased the bonds to yield 8%. How much did Plum Co. pay for the bonds? (a) 87,711. (b) $100,000. (c) $113,420 (d) $107,765. 22. 18. Investments in debt securities classified as held to maturity securities should be valued at: (a) Acquisition cost. (b) Amortized cost. (e) Lower of cost or market. (d) Fair market value