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Business, 13.08.2019 01:20 jetblackcap

On march 1, 2018, e corp. issued $1,000,000 of 10% nonconvertible bonds at 103, due on february 28, 2028. each $1,000 bond was issued with 30 detachable stock warrants, each of which entitled the holder to purchase, for $50, one share of evan's $25 par common stock. on march 1, 2018, the market price of each warrant was $4. by what amount should the bond issue proceeds increase shareholders’ equity?

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On march 1, 2018, e corp. issued $1,000,000 of 10% nonconvertible bonds at 103, due on february 28,...
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