15 year maturity bonds with 40 warrants attached have just, Ask an Expert

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15 year maturity bonds with 40 warrants attached have just been issued. The bonds have an annual coupon of 6%, and they were issued at their $1,000 par value. The current yield on similar straight bonds is 8%.

What is the implied value of each warrant?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92751908

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