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Need help Gregoire has $20,000 to invest. LEV Inc. is trading at $50 per share. LEV warrants are trading at $10 per warrant. He makes
Need help
Gregoire has $20,000 to invest. LEV Inc. is trading at $50 per share. LEV warrants are trading at $10 per warrant. He makes his purchase and the shares subsequently go up to $55. He then closes out the position. Calculate the return on his investment. a) 30% Ob) 0% O c) 10% O d) 50% Step by Step Solution
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