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Business, 05.09.2020 06:01 yoongnzl

XYZ Corp. has issued $30 million of debentures. Each bond issued has a warrant attached enabling the holder to buy three shares of XYZ common at $30 per share. If all of the warrants are exercised, XYZ Corp. will receive:. A) $19.8 million.
B) $6.6 million.
C) $9 million.
D) $2.7 million.

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XYZ Corp. has issued $30 million of debentures. Each bond issued has a warrant attached enabling the...

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