Netcare inc has warrants that trade for 1080 each the, Financial Management

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Netcare inc has warrants that trade for 1080 each the

NetCare Inc. has warrants that trade for $10.80 each. The warrant carries the option to purchase a half share of common stock at a strike price of ?$45 per share. What is the speculative premium on the warrant if the stock price is ?$448.58 per? share?

The speculative premium? (option value) is ?$_______ ?(round to the nearest cent? - if answer has? 0.5¢ round? down)

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