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Buddy Corp received $ 1 1 , 0 0 0 cash when it issued ten $ 1 , 0 0 0 face value bonds -
Buddy Corp received $ cash when it issued ten $ face value bonds that by itself would sell at along with a detachable warrant with each bond. The market value of each warrant is about $ How much of the lumpsum sale proceeds should be allocated to the warrants using the proportional method?
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