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Momal Inc issued 3,000 $1,000 bonds at 102. Each bond had one detachable stock warrant. After issuance, the bonds selling in market at 99 &

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"Momal Inc issued 3,000 $1,000 bonds at 102. Each bond had one detachable stock warrant. After issuance, the bonds selling in market at 99 & warrants had a market price of $40. Propotional Method - What is the credit to Paid in capital Stock Warrant?" "$118,800" "$90,000" "$120,000" "$118,835

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