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Question 14 (1 point) The capital structure of a firm consists of 13,795,710 common shares and 919,660 warrants. Each warrant gives its owner the right
Question 14 (1 point) The capital structure of a firm consists of 13,795,710 common shares and 919,660 warrants. Each warrant gives its owner the right to purchase one (1) common share at an exercise price of $17.46 per share. The current stock price is $23.11 per share, and each warrant is worth $7.18 per warrant. What will be the new stock price if all warrant holders decide to exercise their rights today? $22.63 $23.21 $23.79 $24.37 $24.95
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