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Why are held to maturity securities reported at amortized cost? Additional info: no unrealized gains or losses from these securities are recognized in income. Interest
Why are held to maturity securities reported at amortized cost?
Additional info: no unrealized gains or losses from these securities are recognized in income. Interest income and realized gains and losses, including amortization of any premium or discount on long-term securities, are included in income. The held-to-maturity classification is used only for debt securities.
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