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WSX Inc. has warrants outstanding. Using the following information, calculate the time value and intrinsic value of these warrants. WSX shares are trading at $35

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WSX Inc. has warrants outstanding. Using the following information, calculate the time value and intrinsic value of these warrants. WSX shares are trading at $35 WSX warrants are trading at $ 14 per warrant WSX warrants allow you to buy 1 common share at $25 per share per share a) Intrinsic value is $14, time value is $10. Ob) Intrinsic value is $10, time value is $4. c) Intrinsic value is $25, time value is $0. Od) Intrinsic value is $0, time value is $14

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