Beta4 incorporation, hypothetical company , issued 6$million of 8% bonds on February,1,2004 which are due 8 years. At the time f issuance , the bonds were quoted 99 in the market. Accompanying each $1,000 bond were 15 warrants. Each warrant permitted the holder to buy one share for 0.5$ par common stock at 20$ per share. Suppose that 80% of the warrants were exercised when market price of beta4 inc. share was 25$. How much share capital company will raise due to warrant exercise of the warrant holders?

Det rational compared to be one 1.2004 with both Accomach 1.200 bond were 15 wants Each wonderibuy new 10 camera www Exercised when market price of Bedroponion show was $25. How much share my wil to warranty Aral pe X 10 a Faro ALTFT CAT.IN. 10 M BTWParagraph 32 1 + T 1992 ED