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In 2025, Blossom Company issued five hundred and twenty, $1000 bonds due in ten years at 105. One detachable stock warrant entitling the holder to
In 2025, Blossom Company issued five hundred and twenty, $1000 bonds due in ten years at 105. One detachable stock warrant entitling the holder to purchase 15 shares of Blossom's common stock was attached to each bond. At the date of issuance, the market value of the bonds without the warrants was quoted at 94. The market value of each detachable warrant was quoted at $40. What amount, if any, of the proceeds from the issuance should be accounted for as part of Blossom's stockholders' equity? $20552 $20800 $0 $21840
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