Question
A firm has 100,000 shares and 20,000 warrants currently outstanding. a warrant holder can purchase one new share of stock in exchange for two warrants
A firm has 100,000 shares and 20,000 warrants currently outstanding. a warrant holder can purchase one new share of stock in exchange for two warrants plus the strike price. the stock is currently selling for $50 per share. assume that all warrants are exercised. What would be the strike price if the gain per share is $2?
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Global Finance And The Macroeconomy
Authors: A. Makin
1st Edition
0333736982, 978-0333736982
