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Question 3 (1 point) Paul Corporation has Dollar 100,000 in bonds outstanding. The unamortized discount on these bonds is Dollar 4,500. If the corporation redeems

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Question 3 (1 point) Paul Corporation has Dollar 100,000 in bonds outstanding. The unamortized discount on these bonds is Dollar 4,500. If the corporation redeems these bonds at 97, what is the gain (loss) on retirement? OA) Dollar (1,500). OB) Dollar 1,500 C) Dollar 3,000. OD) Dollar (3,000). Question 4 (1 point) Preferred shares that give the shareholders the option of exchanging their preferred shares for common shares at a specified rate are known as: ** (hp)

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