Question 19 2.5 pts Cherry Corp. sold $200,000 of 12% bonds at par. Each $1,000 bond carried 10 detachable warrants, each of which allows the holder to acquire one share of $10 par common stock for $30 per share. After issuance, the bonds were quoted at 99 ex rights, and the warrants were quoted at $4 each. Cherry Corp. should have assigned to the rights a value of: $5,882 O $7,767 O $7,500 O $8,000