When bonds are redeemed before maturity, how is the gain or loss on redemption determined? Why does

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When bonds are redeemed before maturity, how is the gain or loss on redemption determined? Why does the calculation differ for bonds issued at face value, at a premium, and at a discount?

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 20, 2011 10:42 AM

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When bonds are redeemed before maturity, how is the gain or loss on redemption determined? Why does

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