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20- Sen Corporation warrants carry the right to buy 8 shares of Sen common stock at $10.00 per share. The common stock has a current
20- Sen Corporation warrants carry the right to buy 8 shares of Sen common stock at $10.00 per share. The common stock has a current market price of $11.50 per share. The intrinsic or minimum value of one Sen warrant is ________. (Round your answer to 2 decimal places.)
- $12.00
- $13.50
- $11.00
- $0
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