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Question 33 1.5 pts The date is January 1, 2018. Nomi Corporation issued 4,000 five-year bonds of 10% P1,000 face value, The interest on the
Question 33 1.5 pts The date is January 1, 2018. Nomi Corporation issued 4,000 five-year bonds of 10% P1,000 face value, The interest on the bonds are paid annually every December 31. Each bond contains one warrant which can be used to acquire 5 shares of P55 par value ordinary shares for P62 per share. Without the warrants, the bonds would sell at 98.5. The bond price with warrants, on the other hand, is 103. On December 31, 2018, half of the warrants were exercised. On the date of issuance, how much is attributable to the equity component? Round off final answer to nearest peso. Question 34 1.5 pts Based on Question 33, how much is the credit to the ordinary share premium to be recognized upon exercise of warrant? Round off final answer to nearest peso
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