Beta4 incorporation, a hypothetical company issued $6million of 8% bonds on february 1 2004 which are due in 8 years At the time of issuance the bonds were quoted 99 in the market Accompanying each $1000 bond were 15 warrants Each warrant permitted the holder to buy one share for $0.5 par common stock at $20 per share. Suppose that 80% of the warrants were exercised when market price of beta4 incorporation share was $25 How much share capital company will raise due to warrant excercise of the warrant holders