Question $14$ of $40$

$-12\mathrm{.}5$

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Cullumber Corporation offered detachable $5-$year warrants to buy one share of common stock $($par value $$5)$ at $$20($at a time when the stock was selling for $$34).$ The price paid for $800,$$$1000$ bonds with the warrants attached was $$825000.$ The market price of the Cullumber bonds without the warrants was $$729000,$ and the market price of the warrants without the bonds was $$81000.$ What amount should be allocated to the warrants?

$$97000$

$$82500$

$$101000$

$$81000$

$$

$$ Attempts: $0$ of $1$ used