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Sen Corporation warrants carry the right to buy 9 shares of Sen common stock at $10.00 per share. The common stock has a current market

Sen Corporation warrants carry the right to buy 9 shares of Sen common stock at $10.00 per share. The common stock has a current market price of $12.00 per share. The intrinsic or minimum value of one Sen warrant is (Round your answer to 2 decimal places.)

$19.50

$0

$13.00

$18.00

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