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Lyndhurst Company, Inc. issued convertible bonds in the past and is considering a cash incentive to the bondholders as an inducement to convert the debt
Lyndhurst Company, Inc. issued convertible bonds in the past and is considering a cash incentive to the bondholders as an inducement to convert the debt into equity shares. How should Lyndhurst Company, Inc. account for these incentive payments to its bondholders?
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