jmills1020 jmills1020
  • 22-02-2020
  • Business
contestada

If the exercise price of an M-tel warrant is $48 and the stock splits 2 for 1, what will be the post-split exercise price of the warrant? Assume the warrant was selling for $20 before the stock split.

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ochukoorakpoghenor
ochukoorakpoghenor ochukoorakpoghenor
  • 23-02-2020

Answer: $60

Explanation:

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