Question: A company repurchased $ 2 , 0 0 0 , 0 0 0 of its 6 K bonds before maturity at the current market price
A company repurchased $ of its K bonds before maturity at the current market price of These bonds were originally issued at a premium, and their book value at the retirement date is $ What is the total gain or loss on the retirement of these bonds?
$ loss
$ gain
$ gain
$ loss
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