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Question 8 (1 point) Tri-Slope has warrants outstanding in addition to its common stock. There are 5 million shares of stock and 1 million warrants.

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Question 8 (1 point) Tri-Slope has warrants outstanding in addition to its common stock. There are 5 million shares of stock and 1 million warrants. The stock is selling for $43 each and with each warrant you can buy a new share for $40. If the company has $8.6 million in zero coupon debt which is due in 6 months, assume total value of company is 215 million. Determine the value of the warrant. $5.62 O $6.55 $7.86 $6.74 $4.10

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