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A fiRm Has 100 Shares of Equity and 40 Warrants

question 8

Multiple Choice

A firm has 100 shares of equity and 40 warrants outstanding.The warrants are about to expire, and all of them will be exercised.The market value of the firm's assets is €2,000, and the firm has no
Debt.Each warrant gives the owner the right to buy 2 shares at €15 per share.What is the price per
Share of the equity?


Definitions:

Rich

Having a great deal of money, resources, or assets; wealthy.

Beautiful

Beautiful describes something or someone that is aesthetically pleasing or possesses qualities that delight the senses or mind.

Talent

Natural aptitude or skill in a specific area, such as music, sports, or art.

Regularly

Occurring at uniform intervals or consistently over a period of time.

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