XYZ Corp. has issued $30 million of debentures. Each bond issued has a warrant attached enabling the holder to buy three shares of XYZ common at $30 per share. If all of the warrants are exercised, XYZ Corp. will receive:.
A) $19.8 million.
B) $6.6 million.
C) $9 million.
D) $2.7 million.
Answers: 1
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XYZ Corp. has issued $30 million of debentures. Each bond issued has a warrant attached enabling the...
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