15 Warrant Valuation A warrant with five months until expiration entitles its owner to buy 100 shares

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15 Warrant Valuation A warrant with five months until expiration entitles its owner to buy 100 shares of the issuing firm’s equity for an exercise price of €23 per share. If the current market price of the equity is

€10 per share, will the warrant be worthless?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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