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7. A company has $100.000 face value of bonds outstanding. The unamortized discount on these bonds is $4,500. The company redeems these bonds at 97%.

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7. A company has $100.000 face value of bonds outstanding. The unamortized discount on these bonds is $4,500. The company redeems these bonds at 97%. What is its gain or loss on the redemption? a. Gain of $1,500 b. Loss of $1,500. c. Gain of $3,000. I d. Loss of $3,000 e. Loss of $4,500

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