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A warrant entitles the holder to purchase one (1) common share of Corona Corp. at an exercise price of $12 until Dec. 31, 2021. If
A warrant entitles the holder to purchase one (1) common share of Corona Corp. at an exercise price of $12 until Dec. 31, 2021. If the warrant holder exercised the warrant in Nov 2019 when the stock price was $15 and then sold the one Corona Corp. share in 2020 for $20 What would be his profit from selling the one Corona share?
2 HiStock Corp's stock is now at $370per share. Management is proposing to have a stock split of 9:1 in order to get the stock price down to a more optimal trading level. What would the stock price be after the split?
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