What is the implied value of the warrants attached to each, Financial Management

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What is the implied value of the warrants attached to each

Neubert enterprises recently issued $1000 par value 15-year bonds with a 5% coupon paid annually and warrants attached. These bonds are currently trading for $1000. Neubert also has outstanding $1000 par value 15-year straight debt with a 7% coupon paid annually, also trading for $1000. What is the implied value of the warrants attached to each bond?

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Financial Management: What is the implied value of the warrants attached to each

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Financial Management: What is the implied value of the warrants attached to each

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