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Question 18 (2 points) On March 1, 2022, Catwoman Corp. issued $1,000,000 of 6% nonconvertible bonds at 102, due on February 28, 2031. Each $1,000

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Question 18 (2 points) On March 1, 2022, Catwoman Corp. issued $1,000,000 of 6% nonconvertible bonds at 102, due on February 28, 2031. Each $1,000 bond was issued with 20 detachable stock warrants, each of which entitled the holder to purchase, for $40, one share of Catwoman's $25 par common stock. On March 1, 2021, the market price of each warrant was $9. By what amount should the bond issue proceeds increase shareholders' equity? None of these answers are correct. $180,000 $800,000 $500,000 $0

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