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ABC Inc has 50,000 shares and 10,000 warrants outstanding. A warrant holder can purchase a new share of stock for 2 warrants. Assuming all

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ABC Inc has 50,000 shares and 10,000 warrants outstanding. A warrant holder can purchase a new share of stock for 2 warrants. Assuming all warrants are exercised, what will the fraction of your ownership be in ABC Inc. if you owned 11,000 shares originally? Select an option Clear Response 0.2 0.25 0.3 0.33

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