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Crane Company has $2160000 of bonds outstanding. The unamortized premium is $31100. If the company redeemed the bonds at 101, what would be the gain

Crane Company has $2160000 of bonds outstanding. The unamortized premium is $31100. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? O $21600 loss O $9500 loss O $21600 gain O $9500 gain

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