Question: 35:10 Question 5 iew Policies Current Attempt in Progress On May 1, 2021. Marigold Corp. issued $1560000 of 6% bonds at 103 which are due
35:10 Question 5 iew Policies Current Attempt in Progress On May 1, 2021. Marigold Corp. issued $1560000 of 6% bonds at 103 which are due on April 30, 2031. Twenty detachable stock warrants entitling the holder to purchase for $40 one share of Marigold's common stock, 515 par value, were attached to each $1.000 bond. The bonds without the warrants would sell at 95. On May 1, 2021, the fair value of Marigold's common stock was $35 per share and of the warrants was $2. On May 1, 2021. Marigold should credit Paid in Capital from Stock Warrants for $60721. 5108121 562400 564921
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