Question

An automotive​ manufacturer, Aminus−2 ​Auto, provides maintenance services to Mako. In​ exchange, Aminus−2 Auto received 500500 shares of​ Mako's nominus−par common stock.​ Mako's common stock is currently trading on the open market for $ 22$22 per share. The standalone value of the maintenance provided was $ 13 comma 100$13,100. What is the transaction price of this​ contract?

Answer 1

The Transaction price of this contract is $13,100

Step-by-step explanation:

Transaction price of this contract is standalone value of maintenance cost.