a. Caiculate the exercise value of the firm's warrants if the common sells at each of the following prices: (1) 520,(2)$25,(3)$30,(4)5100. (Hint: A warrant's exercise value is the difference between the stock price and the purchase price speafied by the warrant if the warrant were to be exerased.) Do not round intermediate calculations. Round your answers to the nearest dollar. (1) $205 (2) 25$ (3) 30$ (4) 100$ b. Assume the firm's stock now sells for $20 per share. The company wants to sell some 20 -yeat, $1,000 par value bands weth interest paid annually: EAch bond will hove attached 25 warrants, each exerasablo into 1 shore of stock at an exercise price of 325. The firm's straight bonds yeald 9 . Assume that each warrant wall have a market vaive of $2 when the stock sells at 420 . What coupon imeret rate and dollar coupon mast the company set on the bonids with warmanes af ther are to char the morket? (Hint. The convertibie bond should have an initial price of $1,000.) Do not round intermediate calculboions. Round your arsweer for coupon interest rate to two decimal places. Round your answer for dollar coupon to the nearest dollar. Coupon interest tate: bohar coupon; 1