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Bonds with a face value of $ 1,000,000 and a carrying value of $ 985,000 are retired at 98, after paying semi- annual interest. The

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Bonds with a face value of $ 1,000,000 and a carrying value of $ 985,000 are retired at 98, after paying semi- annual interest. The gain or loss is Select one: a $ 15,000 gain b. $ 15,000 loss C. $5,000 gain. d. 5 5,000 loss. Next pace

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