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Business, 24.06.2021 19:50 jasmine2555

Bargain Company has $1,600,000 of bonds outstanding. The unamortized premium is $21,600. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption? Group of answer choices $5,600 gain $5,600 loss $16,000 gain $16,000 loss

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Bargain Company has $1,600,000 of bonds outstanding. The unamortized premium is $21,600. If the comp...
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