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110 A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $5,000. The company retired these bonds
110 A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $5,000. The company retired these bonds by buying them on the open market at 98. What is the gain or loss on this retirement? Skipped Multiple Choice O $0 gain or loss. O $2,000 gain. O $3,000 loss. O $2,000 loss. O $3,000 gain
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