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A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $5.300. The company retired these bonds by

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A company has bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $5.300. The company retired these bonds by buying them on the open market at 91. What is the gain or on this retirement? $9,000 gain. $9,000 loss. $3, 700 gain. $0 gain or loss. $3, 700 loss

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