ABC Inc. has 136,495 shares and 11,783 warrants outstanding. Warrant holders can purchase a new share of stock for 5 warrants and $38. The stock is currently selling for $45 per share. If the warrants are all exercised immediately, what would be the market price of the stock?

Answer rating: 100% (QA)

To find the market price of the stock when all warrants are exercised we need to consider the ... View the full answer