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Pursuant to a Type A corporate reorganization, a bondholder exchanged an old $ 2 5 , 0 0 0 face value bond with a basis
Pursuant to a Type A corporate reorganization, a bondholder exchanged an old $ face value bond with a basis of $ for a new bond with a face value of $ and a fair market value of $ What amount of gain would be recognized by the bondholder as a result of the exchange?a$b$c$d$
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