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The bankruptcy court has not yet decided. The latest proposal is for it to be exchanged for warrants. Warrants sometimes have value. They can be traded for stock if the stock reaches a certain value before the warrants expire. However, a bankruptcy judge must approve all the proposals.
The detachable warrants can be sold separately from the security. At the issue date, the conversion feature that is separate from security is accounted for separately with a value assigned to it ( APIC warrants). On exccercise date, warrant is excercised for cash and apic, no security is affected in the journal entry on exercise. Non detachable warrants must be sold with the security as a complete package. At the issue date all proceeds are allocated to bonds or securities. At exercise date, warrant is exercised against the security ( bond and premium) in proportion of the exercise quantity given. Example of non detachable warrant is convertible bonds.
You'll need to refer to the Overstreet Comic Book Price Guide .
Numismedia quotes a market value of $39 as of 05/2012.
The answer is a BIG NO. DO NOT issue cheques to anyone that does not contain a cheque value.
Not much
$5,900,000
$3 would be $25 with all 5 records...Hoss
The value of -3 to the second power is 9.
The digit with the second greatest value in the number is '1'. its value is second to the largest number which is 2.
A country can issue as much money as they like BUT the more money issued, the lower the value of it becomes! Care and prediction is needed when making money! It could lead to a hyperinflation like after the second world war. Hope this helps!
see the attached related link.