Business, 05.12.2019 22:31, KrazyBird0912

On jan. 1, 2005, hogan company issued bonds with a face value of $2,000,000 and a contractual interest rate of 8 percent, maturing on 1/1/2025. on jan. 1, 2020, these bonds have an unamortized premium of $28,800. if the company redeems the bonds at a price of 101 on jan. 1, 2020, what will be the gain or loss on the redemption?

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On jan. 1, 2005, hogan company issued bonds with a face value of $2,000,000 and a contractual intere...