Question 12 (1 point) The capital structure of a firm consists of 12,487,110 common shares and 832,460 warrants. Each warrant gives its owner the right to purchase one (1) common share at an exercise price of $16.11 per share. The current stock price is $21.71 per share, and each warrant is worth $6.63 per warrant. What will be the new stock price if all warrant holders decide to exercise their rights today? $20.69 $21.23 $21.77 $22.32 $22.86 Previous Page Next Page Page 12 of 25