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On February 10, 2003, Gamma Inc. (a hypothetical company) issued 300381364 million 7% bonds with maturity of 10 years at 102% Accompanying each $1.000

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On February 10, 2003, Gamma Inc. (a hypothetical company) issued 300381364 million 7% bonds with maturity of 10 years at 102% Accompanying each $1.000 bond were 17 was ached the buy one share of $2 par common stock at $21/share. Suppose that 63% of the warrants are exercised as soon as prices of Gamma inc share maches to $25. What will be the amount of share capital d by the opery ly through new stock issuance resulting from warrants' exercise?

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