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Wijono Group has 450,000 shares outstanding with a market value of $32 per share. Each share has a .2 warrant attached. One warrant plus $30
Wijono Group has 450,000 shares outstanding with a market value of $32 per share. Each share has a .2 warrant attached. One warrant plus $30 can be exchanged for one new share of stock. What will be the value of the firm if all the 10 warrants are exercised? Assume all else held constant. Multiple Choice \$16.3 million \$19.2 million \$14.4 million \$17.1 million $42.3 million
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