$AIG warrant math IRR 18% thru 2021

so as of december 11 i was expecting ROI of 20%+ on aig warrants [4:02:44 PM] Glen Bradford: AIG warrants: Expiration: January 19, 2021; Strike: $45 [4:09:17 PM] Glen Bradford: Book Value Per Share (mrq): 68.87 [4:10:22 PM] Glen Bradford: makes $7.5B/annum [4:10:58 PM] Glen Bradford: $5/share [4:11:03 PM] Glen Bradford: strike 2021 [4:11:23 PM] Glen Bradford: so.. 2021-2013=8 [4:11:27 PM] Glen Bradford: 85=40 [4:11:31 PM] Glen Bradford: +65 [4:11:40 PM] Glen Bradford: $105 [4:12:10 PM] Glen Bradford: warrants are worth $60 in 8 years [4:12:18 PM] Glen Bradford: x4 today's price if they are $15 [4:13:04 PM] Glen Bradford: 18.9% [4:13:12 PM] Glen Bradford: IRR