Firm has warrants outstanding for investors

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A firm has warrants outstanding for investors to purchase 50,000 shares at $25 per share. The current stock price is $40. The firm has l million shares outstanding and earnings per share of $1.50. What are earnings per share when all these warrants are exercised? Select one: A. $1.43 B. $1.47 C. $1.45 D. None of the above

Reference no: EM131185374

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