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The current carrying value of a company's $800,000 face value bonds is $797,000. If the...

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Accounting

The current carrying value of a company's $800,000 face value bonds is $797,000. If the bonds are retired at 103, what would be the amount Kane would pay its bondholders?

  1. $797,000
  2. $800,000
  3. $820,910
  4. $824,000

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