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klasskru [66]
3 years ago
8

Sen Corporation warrants carry the right to buy 6 shares of Sen common stock at $10.00 per share. The common stock has a current

market price of $14.25 per share. The intrinsic or minimum value of one Sen warrant is ________. (Round your answer to 2 decimal places.) $0 $25.50 $24.50 $27.00
Business
1 answer:
Advocard [28]3 years ago
8 0

Answer: $25.50

Explanation:

Intrinsic Value of warrant = Number of shares buyable * (Market price - Warrant price)

= 6 * (14.25 - 10)

= $25.50

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Ratio and proportion is a useful method in determining a value using a known constant in ratio form. In this case, the ratio of cost to price is always 1/4. Hence, the solution goes as follows:

1/4 = 33.85/price
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6 0
3 years ago
Andrew Flint is the CEO of a small, publicly held company based in Idaho Falls, Idaho. Flint earned $76,000 last year as CEO. In
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Answer:

D, Flint can simply write ot the SEC to voice his concerns.

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Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.

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6 0
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If job a and job b are identical in all aspects, except that job b pays higher wages, what will happen over time?
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Job b will go out of business sooner if their profit is the same as A
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A firm can produce steel with or without a filter on its smokestack. If it produces without a filter, the external costs on the
Licemer1 [7]

Answer:  B. The firm would install the filter at a cost of $ 300,000.

Explanation:

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The lower cost option would be to install the filter for $300,000 which is what the firm would do.

6 0
4 years ago
Which feature of a customer relationship management (CRM) application assists with tasks such as controlling inventory and proce
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Answer:

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