Kida Consultants has 100,000 shares of equity outstanding.The firm's value net of debt is €2 million.Kida has 1,000 warrants outstanding with an exercise price of €18,where each warrant entitles the holder to purchase one share of equity.Calculate the gain from exercising a single warrant.

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The Answer of Kida Consultants has 100,000 shares of equity outstanding.The firm's value net of debt is €2 million.Kida has 1,000 warrants outstanding with an exercise price of €18,where each warrant entitles the holder to purchase one share of equity.Calculate the gain from exercising a single warrant.

Kida Consultants Has 100,000 Shares of Equity Outstanding