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Blossom Company has $1960000 of bonds outstanding. The unamortized premium is $28200. If the company redeemed the bonds at 101 . what would be the

Blossom Company has $1960000 of bonds outstanding. The unamortized premium is $28200. If the company redeemed the bonds at 101 . what would be the gain or loss on the redemption? $8600 gain $8600 loss $19600 gain

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