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Say A company has bonds outstanding with a par value of $130,000. The unamortized premium on these bonds is $3,185. If the company retired

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Say A company has bonds outstanding with a par value of $130,000. The unamortized premium on these bonds is $3,185. If the company retired the at a call price of $128,700, the gain or loss on this retirement is: Multiple Choice $4,485 gain. $1,300 loss. $3,185 loss. $3,185 gain. $1,300 gain.

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