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The Hoarding Corporation currently has common stock selling for $25 per share on the Vancouver Stock Exchange. Warrants are also available entitling the warrant holder

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The Hoarding Corporation currently has common stock selling for $25 per share on the Vancouver Stock Exchange. Warrants are also available entitling the warrant holder the option of purchasing 1 share of common stock for every 3 warrants held. The exercise price is $19 per share. The warrants are currently selling for $4 per warrant. A) How much would you have to spend to buy one share of stock using the warrants? Round answers to two decimal places, s B) Does it make sense to exercise the warrants at this time? What is the intrinsic value of the warrant? Round answers to two decimal places, s D) What is the speculative premium on this warrant? Round answers to two decimal places. S

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