Multiple Choice
Which of the following is an example of a "warrant"?
A) Right to buy 100 shares of CIBC at $50.00 per share over the next 5 years.
B) Commitment to buy 100 barrels of oil next month at $125/barrel.
C) Commitment to buy $100,000 U.S. dollars in 4 months at US$ = 1.10.
D) Pay interest at prime +3% in exchange for receiving interest at 5%.
Correct Answer:
Verified
Correct Answer:
Verified
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