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 the:
A) dividend yield on the stock exceeds 10%.
B) stock price falls below $38.
C) stock price rises above $40.
D) stock price falls to $20 or below.
Correct Answer:

Verified
Correct Answer:
Verified
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