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Question
A firm has warrants outstanding for investors to purchase 50,000 shares at $25 per share. The current stock price is $40. The firm has l million shares outstanding and earnings per share of $1.50. What are earnings per share when all these warrants are exercised?A.$1.43
B.$1.47
C.$1.45
D.None of the above
Answer
This answer is hidden. It contains 201 characters.
Related questions
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The two types of investments that provide the highest and lowest yields in the Ibbotson study of Stocks, Bonds, Bills and Inflation are:
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C.small company stocks and U.S. treasury bills.
D.small company stocks and preferred stock.
E.U.S. treasury bills and small company stocks.
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In order to be listed on an exchange, a firm must meet minimum standards pertaining to the following criteria:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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