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A company has bonds outstanding with a par value of $100,000 the unamortized discount on...

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Accounting

A company has bonds outstanding with a par value of $100,000 the unamortized discount on these bonds is $4700 the company retire these bonds by buying them on the open market at 95 what is the gain or loss on this retirement.
A) $5000 gain
B) $300 loss
C) $300 gain
D) $0 gain or loss
E) $5000 loss

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