Sen Corporation warrants carry the right to buy 9 shares of Sen common stock at...
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Finance
Sen Corporation warrants carry the right to buy 9 shares of Sen common stock at $10.00 per share. The common stock has a current market price of $16.00 per share. The intrinsic or minimum value of one Sen warrant is ________. (Round your answer to 2 decimal places.)
Multiple Choice
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$0
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$53.00
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$55.50
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$54.00
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