An instrument that give their holders the right to purchase a certain number of shares of the firm's common stock at a specified price over a certain period of time is called

Question

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Stock purchase warrants are instruments that give their holders the right to purchase a certain number of shares of the firm's common stock at a specified price over a certain period of time. A call feature is a feature of a bond that allows the issuer to redeem the bond before maturity. A conversion feature allows the holder of a bond to convert the bond into a predetermined number of shares of the company's common stock. Therefore, option A is the correct choice.

An Instrument That Give Their Holders the Right to Purchase