Assume you can buy a warrant for $5 that gives you the option to buy one share of common stock at $14 per share. The stock is currently selling at…

Assume you can buy a warrant for $5 that gives you the option to buy one share of common stock at $14 per share.  The stock is currently selling at $16 per share.A.  What is the intrinsic value of the warrant?B.  What is the speculative premium on the warrant?C.  If the stock rises to $24 per share and the warrant sells at its theoretical value without a premium, what will be the percentage increase in the stock price and the warrant price if you bought the stock and the warrant at the prices stated above?  Explain this relationship