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Hilltop Company has bonds outstanding with a par value of $170,000. The unamortized premium on these bonds is $4,505. If the company retired these bonds
Hilltop Company has bonds outstanding with a par value of $170,000. The unamortized premium on these bonds is $4,505. If the company retired these bonds at a call price of $166,600, the gain or loss on this retirement is:
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