DIY has 161,579 shares and 16,312 warrants outstanding. The stock price is 28.9. If an investor can
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Question:
DIY has 161,579 shares and 16,312 warrants outstanding. The stock price is 28.9. If an investor can purchase 0.2 share with one warrant and $20.0 and all warrants are exercised immediately, what will be the market price of the stock?(Assuming that one can purchase a fraction of a share.)
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