If a bond is purchased at a discount,the amortized book value of the bond investment will increase as the bond approaches maturity.

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When a bond is purchased at a discount, the amortized book value will continue to increase over time as the difference between the purchase price and the face value of the bond is gradually reduced through amortization. As the bond approaches maturity, the amortized book value will approach the face value of the bond.

If a Bond Is Purchased at a Discount,the Amortized Book