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Lab Assignment Chapter 19 Saved 3 10 points Spring Fields has warrants outstanding that allow the holder to purchase one common share at $17 per share (option price)
Lab Assignment Chapter 19 Saved 3 10 points Spring Fields has warrants outstanding that allow the holder to purchase one common share at $17 per share (option price). The common stock is currently selling for $25. The warrant is selling for $11.50. (Leave no cells blank - ensure that "O" is entered wherever required.) a. What is the intrinsic (minimum) value of this warrant? Intrinsic value $ b. What is the speculative premium on this warrant? (Round the final answer to 2 decimal places.) eBook Speculative premium $ Print Lab Assignment Chapter 19 Saved 4 The warrants of Slowbus Transportation Corporation allow the holder to buy a share of stock at $15.25 and are selling for $3.50. The share price is currently $12.75. 10 points To what price must the share go for the warrant purchaser to at least be assured of breaking even?
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