Gordon Wu (the largest shareholder of Hopewell) has just announced that he is planning to issue outof-

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Gordon Wu (the largest shareholder of Hopewell)

has just announced that he is planning to issue outof-

the-money covered warrants on 10 percent of Hopewell’s outstanding stock. Does this announcement make you more or less optimistic about Hopewell’s future profits? Does it affect your assessment of Hopewell’s volatility?

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Financial Markets And Corporate Strategy

ISBN: 9780077119027

1st Edition

Authors: David Hillier, Mark Grinblatt, Sheridan Titman

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