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Exam Question

A warrant may best be defined as

  • 1) an option to sell a specified number of shares at a stated price
  • 2) an option to buy a stated number of shares at a stated price
  • 3) a convertible security
  • 4) a bond derivative

View Answer

Answer 2) an option to buy a stated number of shares at a stated price

Practice set and Exam Quiz

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