Hi All,
Please someone help me with the below question
Why Held to Maturity Securities are measured at amortized cost and not at fair value
Hi All,
Please someone help me with the below question
Why Held to Maturity Securities are measured at amortized cost and not at fair value
For the same reason that people drive on the right side of the road in the US: it’s the rule.
(There is no deeper logic behind it.)