Two Major Differences Between a Warrant and a Call Option

Multiple Choice

Two major differences between a warrant and a call option are:
I. Warrant are contracts outside of the firm while options are within the firm. II) Warrants have long maturities while options are usually short maturities.
III. Warrant exercise dilutes the value of equity while option exercise does not.

A) II and III only
B) I only
C) II only
D) III only