On april 1, 2017, rl enterprises issued $150,000 of 8% nonconvertible bonds at 104. bonds are due on march 31, 2037. each $1,000 bond was issued with 25 detachable stock warrants entitling the bondholder to purchase one share of common stock (par value $25) for $50. on the date of issue, fair value of the stock was $40 per share and fair value of the warrants was $2. if rl's bonds sell at 95 without the warrant, how much should rl record as paid-in capital from the warrants? a.$7,800 b.$613,500 c.$7.500 d.$15,000

What is the purpose of the us international trade association?

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Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.