Question: Please calculate the fully diluted shares outstanding using the Net Settlement approach based on assumptions below: Assumptions Current Share Price $40.00 Convert Debt Amount Outstanding
Please calculate the fully diluted shares outstanding using the Net Settlement approach based on assumptions below:
Assumptions
Current Share Price
$40.00
Convert Debt Amount Outstanding ($mil.)
$500.00
Conversion Price
$30.00
Basic Shares Outstanding (mil.)
10
Question 9 options:
12.25 mil
15.25 mil
10.17 mil
15.17 mil.
14.17 mil
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