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10 points Save Answer Horizon News previously issued a $485,000, 10-year bond at 99.5 on January 1, 2018. Bond pays interest twice a year. Two
10 points Save Answer Horizon News previously issued a $485,000, 10-year bond at 99.5 on January 1, 2018. Bond pays interest twice a year. Two years after issuing the bond, the company decided to retire the bond on January 1, 2020 at 101. What is the amount of gain or loss on disposition of this bond? A. Loss on Disposal of $7,760 OB. Loss on Disposal of $9,215 Oc. Loss on Disposal of $4,850 Oo. Loss on Disposal of $6,790
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