question archive Walker Widgets, Inc

Walker Widgets, Inc

Subject:FinancePrice:2.87 Bought7

Walker Widgets, Inc. has 60,000 shares and 1,000 warrants outstanding. A warrant holder can purchase two new shares of stock for each warrant. The exercise price for the warrants is $20 per share. The stock is currently selling for $23 per share.

If the warrants are exercised, what will be your fraction of ownership if you owned 5000 shares originally. Assume you own none of the warrants.

If the warrants are exercised immediately, what would be the market price of the stock?

Option 1

Low Cost Option
Download this past answer in few clicks

2.87 USD


Option 2

Custom new solution created by our subject matter experts


rated 5 stars

Purchased 7 times

Completion Status 100%

Related Questions