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Related Certification(s): Salesforce Developers


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NEW QUESTION: 1
Vixen plc has warrants in issue that can be used to subscribe for ordinary shares in the company on a one-for-one basis in six months' time at an exercise price of $4.50. The warrants are currently quoted at $1.20 and the current share price is $5.40.
What are the warrant conversion premium and the intrinsic value of the warrant?
Conversion premiumIntrinsic value
A. $0*30$0*90
B. $0*30$1*50
C. $1*20$1*50
D. $1*20$0*90
Answer: A

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