$14.$

Current Attempt in Progress

On December $1,2025.$ Wildhorse Company issued $700$ of its $7\%,$$$1,000$ bonds at $103.$ Each bond included one detachable stock warrant entitling the holder to purchase $10$ shares of Wildhorse's common stock. On December $1,2025,$ the market value of the bonds without the stock warrants was $95$ and the market value of each stock warrant was $$50.$ The initial carrying value of the bonds payable at the date of issuance would be

$$684950.$

$$721000.$

$$700000.$

$$677740.$

$$ Attempts: $0$ of $1$ used