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03-06-2023
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A company has callable bonds outstanding with a par value of $100,000. The unamortized discount on these bonds is $1,500. The company called to retire these bonds and paid a call premium (bonus) of $3,000. What is the gain or loss on this retirement? OA. $0 gain or loss. O B. $4,500 loss. OC. $3,000 loss OD. $1,500 gain.

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