Question: Question6 2 pointsSave Answer A bond has a carrying value of $295,000 with a par amount of $300,000. The call option on the bond is

Question6 2 pointsSave Answer A bond has a carrying value of $295,000 with a par amount of $300,000. The call option on the bond is exercised an much gain or loss would be recorded on this retirement of debt? d we pay $2,500+ par for these bonds. How O $7,500 loss $5,000 gain O $5,000 loss O No gain or loss O $7,500 gain Question 6 of 17 Moving to another question will save this response
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