Warrants Are Similar to Options, in That the Value of the Warrant

Multiple Choice

Warrants are similar to options, in that the value of the warrant is limited by:

A) Expiring worthless if the share price is below the total warrant exercise price.
B) The trading capabilities of the exchange used.
C) The price of the underlying equity divided by the number of warrants needed to
Purchase a share.
D) Both A and C.
E) Both B and C.