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On December 1, 2018, ABC Corporation issued 500 bonds with a value of $1,000 at 9% to 103. Each bond was sold with a detachable

On December 1, 2018, ABC Corporation issued 500 bonds with a value of $1,000 at 9% to 103. Each bond was sold with a detachable stock warrant that gave the bondholder the right to purchase 10 shares of ABC common for each bond. On the date of issuance, the market value of each cedula (package of 10 shares) was $50.00. How much of the money received from this issuance should be allocated to the debt? to. $540,000.

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