Question: CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Question 14 On March 1, 2018, Coronado Industries issued $2100000 of 8% nonconvertible bonds at 104, which are

 CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Question 14 On March

CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Question 14 On March 1, 2018, Coronado Industries issued $2100000 of 8% nonconvertible bonds at 104, which are due on February 28, 2038. 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 Coronado common stock, par value $25. The bonds without the warrants would normally sell at 95. On March 1, 2018, the fair value of Coronado's common stock was $40 per share and the fair value of the warrants was $2.00. What amount should Coronado record on March 1, 2018 as pald-in capital from stock warrants? $109200 $78800 $90400 $105000 LINK TO TEXT

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