e. None of the above 2. LPM company is a furniture manufacturer having a current market price of $88 per share. Mrs. Dana is a warrant holder at LPM. She can purchase 1 share of stock per warrant at a price of $92. After 2 months, the stock price of LPM has fallen to $81 per share. Which of the following statements is correct? * a. Mrs. Dana would exercise her warrant; thus, she would get an exercise value of $4 b. Mrs. Dana would exercise her warrant; thus, she would get an exercise value of $7 c. Mrs. Dana would not exercise her warrant; thus, she would get an exercise value of $0 O d. Mrs. Dana would not exercise her warrant; thus, she would get an exercise value of (511) e. None of the above