Question: Ripa, Inc. issued $ 8 , 0 0 0 , 0 0 0 of bonds at par. The bonds contained non - detachable stock warrants.

Ripa, Inc. issued $8,000,000 of bonds at par. The bonds contained non-detachable stock warrants. Similar bonds without the warrants were selling at 99. What amount of Paid in CapitalStock Warrant will be recorded? a. $7,760,000 b. $160,000 c. $0 d. $80,000

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