neubert enterprises recently issued $1,000 par value 15-year bonds with a 7% coupon paid annually and warrants attached. these bonds are currently trading for $1,000. neubert also has outstanding $1,000 par value 15-year straight debt with a 9% coupon paid annually, also trading for $1,000. what is the implied value of the warrants attached to each bond? do not round intermediate calculations. round your answer to the nearest cent.
