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A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company retired these bonds
A company has bonds outstanding with a par value of $100,000. The unamortized premium on these bonds is $2,700. If the company retired these bonds at a call price of 99 , the gain or loss on this retirement is: Multiple Choice $1,000 gain. $1,000 loss. $2,700 loss. $2,700 gain. $3,700 gain
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