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Business, 27.04.2021 14:30 nicoleamor

Coronado Industries 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 $32). The price paid for 800, $1,000 bonds with the warrants attached was $811000. The market price of the Coronado bonds without the warrants was $710000, and the market price of the warrants without the bonds was $92400. What amount should be allocated to the warrants

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Coronado Industries offered detachable 5-year warrants to buy one share of common stock (par value $...

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