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Because of changing market conditions, a corporation decided to redeem one half of its $ 3 0 0 , 0 0 0 bonds prior to
Because of changing market conditions, a corporation decided to redeem one half of its $ bonds prior to maturity. The bonds had been issued at a discount and the balance in the discount account at the time of redemption was $ The corporation's bond certificate indicated that the bonds could be retired early at The retirement of bonds would result in a
A loss of $
B gain of $
C loss of $
D loss of $
E loss of $
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