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How do you solve? Show work please. Assume all bonds in problems 2 through 8 pay interest on an ANNUAL basis. The purpose of the

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How do you solve? Show work please.
Assume all bonds in problems 2 through 8 pay interest on an ANNUAL basis. The purpose of the remainder of this assignment is to estimate the value of warrants and convertible bonds. 2. Craftmade Corp. has just sold a bond issue with 10 warrants attached to each bond. The bonds have a 20-year maturity, an annual coupon rate of 12%. They sold at an original offering price of $1,000. The current yield-to-maturity of bonds of equal risk, but without warrants is 15%. What is the value of each warrant

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