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Why did five prisoners have to be released from the study?
Loss on Bond Redemption
The financial loss realized when a bond is redeemed before its maturity date for a price higher than its face value.
Premium on Bonds Payable
The amount by which the bond's selling price exceeds its face value.
Carrying Value
The book value of assets and liabilities on a company's balance sheet, reflecting the historical cost of assets minus accumulated depreciation.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.
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