lovethepirk wrote: It wasn't really calculated, but take the cash raised(530,000) and divide it by the amount of bonds sold(500).  That equals $1060.  Ask yourself what amount this corporation sold their bonds at most likely?  $1000!  And there is $60 premium included in each bond.

Got it. Educated estimation is needed here. I was curious about why almost all the detachable warrant questions I encountered so far were actually not explicit in face value...now I understand.