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help on this please a. what is the correct answer? 9) Cherry Corporation sold 5200,000 of 12% bonds at par. Each $1,000 bond carried ten
help on this please a. what is the correct answer? 9) Cherry Corporation sold 5200,000 of 12% bonds at par. Each $1,000 bond carried ten warrants, each of which allows the holder to ncquire one share of 510 par common stock for $30 per share. After issuance, the bonds were quoted at 99 ex rights, and the warrants were quoted at 54 each. Cherry Corporation should have assigned to the rights (stock warrants) a value of A) 58.000. B) 57,767. C) 57,500. D) 55,882
help on this please a. what is the correct answer?
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