Multiple Choice
A warrant has an exercise price of $40,and the current stock price is $38.An investor holding this option will purchase the stock only if:
A) the dividend yield on the stock exceeds 10%.
B) the stock price falls below $38.
C) the stock price rises above $40.
D) the stock price falls to $20 or below.
Correct Answer:
Verified
Correct Answer:
Verified
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