question had asked to calculate current value of each warrant to lender using BSOP but we know that equity holder the option of call and lender has the option of put then why has answer had calculated ,value of warrant on call,I think it should be put option,
please tell me why lender is valued as call option
Ask the Tutor ACCA AFM
Alaska Salvage dec 2009
A warrant give the right to buy at a fixed price, which is a call option.
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