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Question 9 (1 point) One company currently has outstanding warrants with a time value of $ 4. Each warrant allows its holder to purchase 5

Question 9 (1 point) One company currently has outstanding warrants with a time value of $ 4. Each warrant allows its holder to purchase 5 common shares at a price of $ 15. The current price of the common stock is $ 20. Determine the market value of a warrant.

Options $ 29 25 $ $ 35 $ 39 $ 15

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