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Basic Question 9 of 11

A company issued bonds in 2014 that mature in 2024. The measurement basis that will most likely be used on the 2019 balance sheet for the bonds is ______.

A. market value
B. historical cost
C. amortized cost

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Lina

Lina

Learning Outcome Statements

explain the financial reporting and disclosures related to financial instruments

CFA® 2024 Level I Curriculum, Volume 2, Module 3.