Assume there are 20 shares outstanding. Compute the value of the warrant and the share price for

Question:

Assume there are 20 shares outstanding. Compute the value of the warrant and the share price for each of the following situations.
a. Warrants for 2 shares expire in 5 years and have a of $15.
b. Warrants for 15 shares expire in 10 years and have a strike of $20. Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.