Question

Which of the following is a security that entitles the holder to buy the underlying stock of the issuing company at a fixed rate until the expiry date?

A Floating Rate Notes Correct Answer Incorrect Answer
B Mutual Funds Correct Answer Incorrect Answer
C Warrants Correct Answer Incorrect Answer
D Debentures Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The correct answer is C

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