A warrant is a long-term call option that is "in the money" at the time of issuance.

Name: A warrant is a long-term call option that is "in the money" at the time of issuance.
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A warrant is a long-term investment option that gives the holder the right to buy a company's stock at a specific price until the expiration date, but it does not necessarily have to be "in the money" at the time of issuance.

A Warrant Is a Long-Term Call Option That Is "In