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      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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