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In the years that followed, TTD encountered a number of highly profitable years, resulting in a surplus of cash. On August 1, 2025, the company

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In the years that followed, TTD encountered a number of highly profitable years, resulting in a surplus of cash. On August 1, 2025, the company repurchased and retired the entire bond issue at 115, plus accrued interest. Calculate the amount of the gain or loss on early redemption of the bonds. (Round answer to 0 decimal places, eg. 5,275.) On May 1, 2020, TTD Ltd. issued a series of bonds in order to raise money for some upcoming projects. The bonds had arace is a to $5,160,000 and matured in 10 years. Interest was payable at a face rate of 6% each April 30 and October 31 . The bonds were issued to yield 7.00%. Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the issue price of the bonds, (Round present value factor calculations to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places eg. 58,971.) Issueprice Date CashPaid Interest Expense Discount v Amortized 1-May- 2020 \begin{tabular}{rr|} \hline 31 Oct-2020 & $ \\ 30 Apr-2021 & 154800 \\ \hline \end{tabular} $167767168221 $12967 31-Oct-2021 30-Apr-2022 \begin{tabular}{|c|} \hline 154800 \\ \hline \\ \hline 154800 \\ \hline 154800 \\ \hline \end{tabular} \begin{tabular}{|c|} \hline 170740 \\ \hline 171298 \\ \hline 171875 \\ \hline \end{tabular} \begin{tabular}{|} \hline 15940 \\ \hline 16498 \\ \hline \end{tabular} In the years that followed, TTD encountered a number of highly profitable years, resulting in a surplus of cash. On August 1,2025 , the company repurchased and retired the entire bond issue at 115 . plus accrued interest. Calculate the amount of the gain or loss on early redemption of the bonds. (Round answer to O decimal places, e.g. 5.275.) on early redemption of bonds

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