The warrants of dragon pet co allow the holder to buy a, Ask an Expert

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The warrants of Dragon Pet Co. allow the holder to buy a share of stock at $28.00 and are selling for $16.50. The stock price is currently $25.00.

To what price must the stock go for the warrant purchaser to at least be assured of breaking even? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92087208

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