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C. AZ Berhad issued a warrant that entitles the holder to buy two units of common share at RM10. If the current market price of the share is RM14 and the warrant is prices at RM3, calculte: i. The theoretical value. (2 marks) ii. The warrant premium. (2 marks) iii. Should the holder exercise the warrant? Why? (2 marks) iv. What will happen to the market price of the warrant if the share is traded at RM13 and the premium remains the same? (4 marks) v. Differentiate between warrants and options. (4 marks)