Why do investors tend to pay a smaller premium for a warrant as the price of the

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Why do investors tend to pay a smaller premium for a warrant as the price of the stock goes up?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:34 AM

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Why do investors tend to pay a smaller premium for a warrant as the price of the

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The investor loses the ability to use leverag...View the full answer

Fundamentals of Investment Management

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