A Company Has Bonds Outstanding with a Par Value of $100,000

question 38

Multiple Choice

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:

• A) $1,000 gain.
• B) $1,000 loss.
• C) $2,700 loss.
• D) $2,700 gain.
• E) $3,700 gain.

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Goals

Targets or outcomes that an individual, group, or organization aims to achieve.

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Group Goals

Objectives set by a collective to achieve specific outcomes together.

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