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Question 7 Not yet answered Marked out of 4.00 Flag question A warrant entitles the holder to purchase one (1) common share of Corona Corp.
Question 7 Not yet answered Marked out of 4.00 Flag question A warrant entitles the holder to purchase one (1) common share of Corona Corp. at an exercise price of $9 until Dec. 31, 2021. If the warrant holder exercised the warrant in Nov 2019 when the stock price was $15 and then sold the one Corona Corp. share in 2020 for $24. What would be his profit from selling the one Corona share? Enter only numbers and decimal (do not use a $ sign): $
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