Question: Current Attempt in Progress On December 1 , 2 0 2 5 , Sunland Company issued 6 7 0 of its 8 % , $

Current Attempt in Progress
On December 1,2025, Sunland Company issued 670 of its 8%,$1,000 bonds at 102. Each bond included one detachable stock warrant entitling the holder to purchase 10 shares of Sunland's common stock. On December 1,2025, the market value of the bonds without the stock warrants was 95 and the market value of each stock warrant was $50. The initial carrying value of the bonds payable at the date of issuance would be
$642396.
$670000.
$683400.
Current Attempt in Progress On December 1 , 2 0 2

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