The warrants of Integra Life Sciences allow the holder to buy a share of stock...
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Finance
The warrants of Integra Life Sciences allow the holder to buy a share of stock at $13.75 and are selling for $4.50. The stock price is currently $12.50.
To what price must the stock go for the warrant purchaser to at least be assured of breaking even? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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