Multiple Choice
Outstanding warrants for the Buell Corp. have an exercise price of $1.50. The current market price for Bull shares is $1.75. How much would it cost a purchaser to buy 3,000 warrants?
A) $500
B) $750
C) $4,500
D) $5,000
E) $5,250
Correct Answer:
Verified
Correct Answer:
Verified
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