Blossom Co. has $3860000 of 7% convertible bonds outstanding. Each $1000 bond is convertible into...
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Blossom Co has $ of convertible bonds outstanding. Each $ bond is convertible into shares of $ par value common stock. The bonds pay interest on January and July On July the holders of $ bonds exercised the conversion privilege. On that date, the market price of the bonds was and the market price of the common stock was $ The total unamortized bond premium at the date of conversion was $ Blossom should record, as a result of this conversion, a 
Blossom Co has $ of convertible bonds outstanding. Each $ bond is convertible into shares of $ par value
common stock. The bonds pay interest on January and July On July the holders of $ bonds exercised the
conversion privilege. On that date, the market price of the bonds was and the market price of the common stock was $ The
total unamortized bond premium at the date of conversion was $ Blossom should record, as a result of this conversion, a
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