Re: Warrant conversion
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Posted by Lang Tu on May 11, 2003 at 02:12:53:
In Reply to: Re: Warrant conversion posted by Mark on May 05, 2003 at 14:28:39:
: : Dear Mark, : : I bought some warrants and at their expiration date, I had to convert them into the underlying shares by adding more money (i.e. at the exercise price). How should I record this transaction nicely in your program? I did search by key word "warrant" but nothing appears. : : Many thanks for your support : : Best regards : : Lang Tu : Hi Lang, : You can probably handle this a couple of ways... It sounds like the best : may be to use 2 investment files, one for the warrants, and one for the : underlying stock. When you converted to the actual shares, record a sell : of the warrants, and a purchase of the stock. The sum of this buy/sell : should equal the amount you spent converting to the shares. : Thanks, : Mark : -- : Mark Beiley : : Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP : Thanks Mark Lang TU
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