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A company is about to issue shares for 20 million NOK

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A company is about to issue shares for 20 million NOK. The share capital today is 5 million ( 500.000 shares worth 10 nok). The shares trades for 50 nok at this moment. The issue is preferential to old share holders. The issue price is set to 40 nok per share.

 

What is the theoretical value per warrant.

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