What is the circularity issue if you value warrant for non, Financial Management

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What is the circularity issue if you value warrant for non

1. Roy Gross is considering an investment that pays 7.50 percent, compounded annually. How much will he have to invest today so that the investment will be worth $29,500 in six years?

2. What is the circularity issue if you value warrant for nonlisted firm, where your starting point is the total enterprise value?

3. What is the circularity issue if you value a traded firm where the starting point in the traded stock price?

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