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View Policies Current Attempt in Progress On March 1, 2021, Marigold Corp. issued $2060000 of 7% nonconvertible bonds at 105, which are due on

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View Policies Current Attempt in Progress On March 1, 2021, Marigold Corp. issued $2060000 of 7% nonconvertible bonds at 105, which are due on February 28, 2041. In addition, each $1000 bond was issued with 25 detachable stock warrants, each of which entitled the bondholder to purchase for $50 one share of Marigold common stock, par value $25. The bonds without the warrants would normally sell at 95. On March 1, 2021, the fair value of Marigold's common stock was $40 per share and the fair value of the warrants was $2. What amount should Marigold record on March 1, 2021 as paid-in capital from stock warrants? $77750 $89350 $103000 $108150

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