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A company issued 497 $1,000 bonds at 115, and each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling
A company issued 497 $1,000 bonds at 115, and each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds were selling at 106, but the fair value of the warrants cannot be determined. In the entry to record the issuance of the bonds and warrants, how much should we record for Paid-in Capital Stock Warrants?
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