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Fox Co, issued $10,000,000 of bonds at 102. Each bond contains 20 detachable stock warrants that allow the bondholder to purchase a share of Fox's
Fox Co, issued $10,000,000 of bonds at 102. Each bond contains 20 detachable stock warrants that allow the bondholder to purchase a share of Fox's common stock for $55. Immediately after the issue, each bond without warrants is selling for $1,005. The stock warrants had no readily determinable value. How much will be credited to Paid- in Capital-Stock Warrants? $150,000 $100,000 $0 $75,000
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