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Scott, MIT Graduate
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A company issued at 104 three hundred, $1,000 bonds due in

Customer Question

A company issued at 104 three hundred, $1,000 bonds due in ten years. One detachable stock warrant entitling the holder to purchase 15 shares of common stock was attached to each bond. At the issuance, the market value of the bonds. without the stock warrants, was 96. The market value to each detachable warrant, was$40. What amount of proceeds from the issuance should be accounted for in stockholder's equity?
Submitted: 6 years ago.
Category: Homework
Expert:  Manal Elkhoshkhany replied 6 years ago.

Hello again


This is a duplicate post. I have answered the question on your other post. For future posts, please post the question only once


All the best

Customer: replied 6 years ago.
thank you for your help. it was quite beneficial.
Expert:  Manal Elkhoshkhany replied 6 years ago.
Shall I close this post?

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