y, Inc. paid $66,000 to retire a note with a face value of $75,000. The note was issued with an 8% coupon rs from maturity and had a net book value of $59,200, what is the 12. Mahone rate paid semiannually. If the note was three yea net gain or loss on the redemption of this note? 13. On June 30th, one year before maturity. Bava Industries retired $495,000 of 8% bonds at a cost of 96 The bond's had a net book value on June 30th of $457,500. Bond interest is presently paid up to the date of retirement. What is the gain or loss on the retirement of these bonds