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3. The convertible bonds were repurchased at 94 and retired on Jan. 1, 20x3 after the interest due on that day was paid. The repurchase

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3. The convertible bonds were repurchased at 94 and retired on Jan. 1, 20x3 after the interest due on that day was paid. The repurchase price would have been 91 if the bonds hadn't been convertible. Prepare the journal entries for the bond retirement

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