Question
Lily co. currently has some warrants outstanding that allow the holder to purchase, with one warrant, half share of common stock at $9.25 per share.
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Lily co. currently has some warrants outstanding that allow the holder to purchase, with one warrant, half share of common stock at $9.25 per share. If the common stock was selling at $12.50 and the warrants were selling for $4.75. Solve for minimum price.
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Computer Accounting With QuickBooks 2021
Authors: Donna Kay
20th Edition
1264069197, 9781264069194
