Question: Please help. Am I adding market price and multiplying price per share? Current Attempt in Progress Sunland Company offered detachable 5-year warrants to buy one

Please help. Am I adding market price and multiplying price per share?

Current Attempt in Progress Sunland Company offered detachable 5-year warrants to buy one share of common stock (par value $5) at $20 (at a time when the stock was selling for $34). The price paid for 800, $1,000 bonds with the warrants attached was $820000. The market price of the Sunland bonds without the warrants was $720000, and the market price of the warrants without the bonds was $84700. What amount should be allocated to the warrants? O $84700 O $104700 O $86310 O $100700 Save for Later Attempts: 0 of 1 used Submit

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