A warrant gives the owner:
A) the obligation to sell securities directly to the firm at a fixed price for a specified time.
B) the right to purchase securities directly from the firm at a fixed price for a specified time.
C) the obligation to purchase securities directly from the firm at a fixed price for a specified time.
D) the right to sell securities directly to the firm at a fixed price for a specified time.
E) None of the above.
Correct Answer:
Verified
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