The Valuation of Stock Warrants: A Reply
โ Scribed by A. P. BIRD
- Book ID
- 111104761
- Publisher
- John Wiley and Sons
- Year
- 1975
- Tongue
- English
- Weight
- 134 KB
- Volume
- 2
- Category
- Article
- ISSN
- 0306-686X
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
## Abstract The issue of multiple series of stock purchase warrants by the same firm is an interesting financial structure not just in America, but is common in countries such as Switzerland, Malaysia, and Singapore. This paper derives valuation formulas for multiple series of outstanding warrants.
## 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