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On January 1 , 2 0 2 4 Eagle Corp. issued 5 - year, 1 0 % $ 1 0 0 , 0 0 0
On January Eagle Corp. issued year, $ bonds for The bonds have a market rate of at the time of issuance and pay interest annually on December st each year. One year later on January Eagle Corp. retires the $ bonds by repurchasing them in the market for $ What is the amount of gain or loss on the retirement of the bonds? Round to the nearest dollarO $ gainO $ lossO $ gainO $ loss $ loss
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