Corporate Finance (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Corporate Finance (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
11th Edition
ISBN: 9780077861759
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 24, Problem 13QP
Summary Introduction

To determine: New stock price.

Warrant Value:

The difference between value of the stock and exercise price is called the warrant value. Warrant is issued by the company which increases the number of shares.

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Corporate Finance (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)

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