4. The warrants of Microsystems Corporation allow the holder to buy a share of stock at $15.50...
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4. The warrants of Microsystems Corporation allow the holder to buy a share of stock at $15.50 and are selling for $4.80. The stock price is currently $13.70. To what price must the stock go for the warrant purchaser to at least be assured of breaking even?
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Related Book For 
Foundations Of Financial Management
ISBN: 9780073382388
13th Edition
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
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