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Valor Corporation issued 9%, $750,000 bonds in 2012. On January 1, 2020, the bonds had a remaining discount of $17,000. On that date, Valor repaid

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Valor Corporation issued 9%, $750,000 bonds in 2012. On January 1, 2020, the bonds had a remaining discount of $17,000. On that date, Valor repaid the bonds before their scheduled maturity at the call price of 97. What is the amount of gain or loss on the redemption of the bonds

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