Business, 17.07.2020 20:01 ethangeibel93
JT Engineering offers a unit comprising one share of stock and one detachable stock warrant. The warrant is exercisable at $12.50 per share, good for five years. The unit sells for $10.75. If the price of common stock on the day of the sale is $10.15, what is the price of the warrant?
Answers: 3
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JT Engineering offers a unit comprising one share of stock and one detachable stock warrant. The war...
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