The all equity, non-dividend paying company XYZ Corp has 800 shares outstanding. XYZ Corp is just about to issue 200 European warrants, each of which is exercisable into 2 shares at a price of 12 per share. The maturity date of the warrants is in four years. XYZ Corp has negotiated a deal whereby the warrants are going to be sold for 10 each, thus the entire warrant issue will raise 2000. Currently, i.e. before selling the warrants, the value of XYZ Corp's assets is 8000. XYZ has an annualized volatility of 20%. The riskfree rate is 10% per year. (..... to vanu to Immediately after the warrant issue, what is the value of the warrants?