Solution-What the lower limit of a warrant value is defined

What the lower limit of a warrant value is defined as

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Reference no: EM132605454

Question 1: The lower limit of a warrant's value is defined as:

Group of answer choices

Option 1: zero.

Option 2: MIN(0, Exercise price - Stock price).

Option 3: MAX(0, Stock price - Exercise price).

Option 4: MAX(0, Exercise price - Stock price).

Option 5: MIN(0, Stock price - Exercise price).

Reference no: EM132605454

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What the lower limit of a warrant value is defined as

Reference no: EM132605454

Reference no: EM132605454

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