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Home Q & A Board Other Fields Homework Help Business Management
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mantparn mantparn
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7 years ago
An investor has $1,000 that she is interested in investing in ABC stock, which is currently selling for $10 per share. ABC's warrants are selling for $7 per warrant. Each warrant entitles the holder to purchase three shares of ABC's common stock for $8 per share. The warrant premium is ________.
A) $1
B) $2
C) $3
D) $4
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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7 years ago
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mantparn Author
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#2
7 years ago
Thanks for the assistance, I've marked your post as best answer
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