BrightView Windows issued warrants with an exercise price of €17 for one share per warrant.On May 1, BrightView's ordinary equity is at €20 per share.The lower and upper limits on the warrant
Value on May 1 are:
A)€ 0 and €3.
B)€ 0 and €17.
C)€ 3 and €17.
D)€ 3 and €20.
E)€ 17 and €20.

Question

Quizplus · Accepted Answer

The Answer of BrightView Windows issued warrants with an exercise price of €17 for one share per warrant.On May 1, BrightView's ordinary equity is at €20 per share.The lower and upper limits on the warrant
Value on May 1 are:
A)€ 0 and €3.
B)€ 0 and €17.
C)€ 3 and €17.
D)€ 3 and €20.
E)€ 17 and €20.

BrightView Windows Issued Warrants with an Exercise Price of €17