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On May 1, 2021. Crate Companyiswed 52200000 of 6% bonds at 100 which are c stock 515 purvalue, were attached to each $1000 bond. The
On May 1, 2021. Crate Companyiswed 52200000 of 6% bonds at 100 which are c stock 515 purvalue, were attached to each $1000 bond. The bonds without the w on Aril 30 2031. Twenty detachable stock warrantsiting the holder to purchase for $40 one share of Crane's common ants would sella . On May 1, 2021, the fair value of Crane's common stock was $34 dershare and of the warrants was 52 On May 1, 2021. Crate should record the bonds with a discount of $82000 discount of $22000 discount of $21640 premium Question 31 View Policies Current Attempt in Progress On May 1, 2021. Crane Company issued $2200000 of 6% bonds at 103, which are due on April 30 2031. Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Crane's common stock. $15 al were attached to each $1000 bond The bonds without the world On My 1 2021.the value of Cranes common stock was $34 per share and of the warrants was $2 On May 1, 2021. Crane should record the bonds with a discount of $88000 discount of $22000 discount of $24640 premium of 66000
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