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Westover Industries has 600,000 shares outstanding with a market value of $27 a share. Each share has one attached warrant. A warrant holder can purchase

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Westover Industries has 600,000 shares outstanding with a market value of $27 a share. Each share has one attached warrant. A warrant holder can purchase one new share of stock for five warrants plus $25. What will be the value of the firm if all of the warrants are exercised? Assume all else held constant. $20.9 million $19.2 million $18.4 million O $18.9 million $20.2 million

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