A ______ is an option to purchase shares of a company's common stock at a specified price during a given time period.
A) warrant
B) call option
C) call premium
D) debenture

Question

Quizplus · Accepted Answer

A warrant is an option that gives the holder the right to purchase shares of a company's common stock at a specified price during a given time period. A call option is similar, but it is typically issued by an options exchange rather than by the company itself. A call premium is the price paid to purchase a call option. A debenture is a type of bond that is not secured by any specific asset.

A ______ Is an Option to Purchase Shares of a Company's