Problem 19-2 Value of warrants (LO19-4] Quantum Inc. has warrants outstanding that allow the holder to purchase 2.0 shares of stock per warrant at $24 per share (exercise price). Thus each individual share can be purchased at $24 with the warrant. The common stock is currently selling for $32. The warrant is selling for $18.00. a. What is the intrinsic (minimum) value of this warrant? (Do not round intermediate calculations and round your answer to 2 decimal places.) Intrinsic value b. What is the speculative premium on this warrant? (Do not round intermediate calculations and round your answer to 2 decimal places.) Speculative premium Drou 1 of 7 12 Nout