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Sandhill Co. has $1840000 of bonds outstanding. The unamortized premium is $26500. If the company redeemed the bonds at 101, what would be the gain

Sandhill Co. has $1840000 of bonds outstanding. The unamortized premium is $26500. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? O $8100 loss $8100 gain $18400 gain O $18400 loss

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