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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
The capital structure of Ricketti Enterprises, Inc., consists of 15 million shares of common stock and 1 million warrants. Each warrant gives its owner the right to purchase one share of common stock for an exercise price of $19. The current stock price is $25, and each warrant is worth $7. What is the new stock price if all warrant holders decide to exercise today?
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