The carrying value of held-to-maturity debt securities is the

A) original purchase amount
B) amortized cost
C) market value
D) lower of amortized cost or market value

Carrying Value

The book value of assets and liabilities reported on the balance sheet, considering factors like depreciation or amortization.

Amortized Cost

Amortized cost is the initial investment amount of a financial asset or liability adjusted for principal repayments, plus or minus the cumulative amortization of any difference between the initial amount and the maturity amount, and reduced by any potential impairment or uncollectibility.