ALASKA SALVAGE (DEC 09 ADAPTED)-Kaplan Exam KitForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › ALASKA SALVAGE (DEC 09 ADAPTED)-Kaplan Exam KitThis topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts January 29, 2021 at 10:17 am #608430 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆sir using the BSOP we get an answer of $22.41. But i don’t understand what it really means? As in, is it the premium of call option which is offered to potential warrant acquirers? Am totally confused about what this $22.41 represents!! January 29, 2021 at 4:06 pm #608468 John MoffatKeymasterTopics: 56Replies: 53863☆☆☆☆☆The warrant is an option to buy 100 shares at an exercise price of $90 per share in 5 years time.The option is negotiable, so can be sold to someone else, and $22.41 is the value of the option per share.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In