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55 Chang Industries has bonds outstanding with a par value of $224,800 and a carrying value of $240,200. If the company calls these bonds at
55 Chang Industries has bonds outstanding with a par value of $224,800 and a carrying value of $240,200. If the company calls these bonds at a price of $232,000, the gain or loss on retirement is: Skipped Multiple Choice $8,200 loss. $7,200 gain. $15,400 gain. $7,200 loss. $8,200 gain
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