You have warrants on Catona Corporation (CC) with an exercise price of $39. When will it be profitable to exercise the warrants? Multiple choice question. When the stock price of CC is greater than $39 When the stock price of CC is lower than $39

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You have warrants on Catona Corporation (CC) with an exercise price of $39. When will it be profitable to exercise the warrants?  Multiple choice question.  When the stock price of CC is greater than $39  When the stock price of CC is lower than $39

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