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pompa pompa
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7 years ago
A firm has outstanding warrants that are exercisable at $53 per share and entitle holders to purchase two shares of common stock. The common stock is currently selling for $55 per share. The theoretical value of the warrant is ________.
A) $1
B) $2
C) $3
D) $4
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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7 years ago
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"It is better to fail in originality than to succeed in imitation."

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pompa Author
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7 years ago
Smart ... Thanks!
Goku935
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
SupremeDJ
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2 hours ago
Thank you, thank you, thank you!
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