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A Security That Gives the Holder the Right, but Not

Question 176

Multiple Choice

A security that gives the holder the right, but not the obligation, to purchase shares of stock in a firm for a fixed price over a specified period of time is called a(n) :


A) Convertible bond.
B) Warrant.
C) Initial public offering.
D) Seasoned equity offering.
E) Forward sale of equity.

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