On the valuation of warrants
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John C. Handley
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Article
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2002
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John Wiley and Sons
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English
โ 129 KB
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## Abstract This article addresses a misconception in the literature concerning the valuation of warrants when a warrant is treated as an option on the stock of the underlying firm. The magnitude and timing of the impact of a warrant issue on the underlying stock price and on the wealth of the firm