Question: 3. Bondi Ltd has outstanding debentures with a face value of $50,000. If Bondi redeems the debentures at 108% of its face value it must

3. Bondi Ltd has outstanding debentures with a face value of

3. Bondi Ltd has outstanding debentures with a face value of $50,000. If Bondi redeems the debentures at 108% of its face value it must record: a. b. A gain of $4,000. A gain of $54,000. A gain of $50,000. C. d. A loss of $50,000. e. A loss of $4,000

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