Keiser University has warrants in the market that allows peoplewho own it to be authorized to buy 1 share of the university at theprice of $ 25.
a) Calculate the execution value of the organization's warrantsif the common shares are sold each at the following prices: (1) $20, (2) $ 25, (3) $ 30), (4) $ 100. (The warrant's execution valueis the difference between the price of the shares and the purchaseprice specified by the warrant if the authorization isexecuted.)