If the market rate changes after a public company purchases bonds to trade, the bonds carrying amount will NOT change.

Name: If the market rate changes after a public company purchases bonds to trade, the bonds carrying amount will NOT change.
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Quizplus · Accepted Answer

The carrying amount of bonds can change if the market rate changes, as it affects the fair value of the bonds and may lead to adjustments in financial statements.

If the Market Rate Changes After a Public Company Purchases