Question

What is the equity value of the company given the following information?

Current share price: $40.00

Basic shares outstanding: 400.0mm

50.0mm options outstanding with an exercise price of $20.00

5.0mm warrants with an exercise price of $45.00

A. $1,600.0mm

B. $1,500.0mm

C. $1,700.0mm

D. $1,625.0mm

Answer

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