Question 25 of 26 Question 25 1 points Save Answe Suppose that European Traders (ET), a hypothetical investment company, issues 7-years, 8% debt of S3,000,000 at 105% on 20-July-2001. The debt is issued in the form of S1000 bonds and accompanying cach bond are 11 detachable warrants. Each warrant permits the holder to buy 3 shares of Si par common share at $29 per share. Suppose that all the warrants are exercised by maturity. Using above information, the total capital raised by ET through issuing new stocks after exercising warrants will be: Question 26 How did you compute the answer in the previous question? TTTT Paragraph