19. Florence Inc. issued 8,000, 5-year convertible bonds of $2,000 each for $4,000,000 at the beginning of 2021. The bonds have a stated rate of interest of 9% and interest is payable annually. Each bond can be convertible into 100 shares with a par value of $10. The market rate of similar nonconvertible debt is 10%. The fair value of the liability component using the “with-and-without” method is $3,848,288 $2,483,600 $1,365,688 $ 151,712

Q: 17. On July 1, 2018, Houston Company purchased 8% bonds of Ames Corporation with a par value of…

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Q: On January 1, 2021, Instaform, Inc., issued 12% bonds with a face amount of $60 million, dated…

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Q: The Bradford Company Issued 8% bonds, dated January 1, with a face amount of $80 million on January…

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Q: The Bradford Company issued 12% bonds, dated January 1, with a face amount of $99 million on January…

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Q: am. 138.

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Q: Florence Inc. issued 8,000, 5-year convertible bonds of $2,000 each for $4,000,000 at the beginning…

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Q: The Stellar Corporation issued 10-year, $4,310,000 par, 7% callable convertible subordinated…

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Q: Federal Semiconductors issued 8% bonds, dated January 1, with a face amount of $850 million on…

A:

Q: Enviro Company issues 8%, 10-year bonds with a par value of $200,000 and semiannual interest…

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Q: Garcia Company issues 11.50%, 15-year bonds with a par value of $450,000 and semiannual interest…

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A: Formula:

Q: The Bradford Company issued 12% bonds, dated January 1, with a face amount of $97 million on January…

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Q: On December 31, 2019, OLGA Inc. sold convertible bonds to Nuttin Corp. for $38,375,000. The bonds…

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