The warrants of dragon pet co allow the holder to buy a, Finance Basics

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The warrants of dragon pet co allow the holder to buy a

Question: The warrants of Dragon Pet Co. allow the holder to buy a share of stock at $26.10 and are selling for $7.80. The stock price is currently $21.50. To what price must the stock go for the warrant purchaser to at least be assured of breaking even?

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Finance Basics: The warrants of dragon pet co allow the holder to buy a

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