A Warrant Bestows on Its Owner The

Multiple Choice

A warrant bestows on its owner the:

A) obligation to sell securities directly to the issuer at a fixed price for a stated period of time.
B) right to purchase securities directly from the issuer at a fixed price for a stated period of time.
C) obligation to purchase securities directly from the issuer at a fixed price for a stated period of time.
D) right to sell securities directly to the issuer at a fixed price for a stated period of time.
E) right to sell securities directly to the issuer at the prior day's closing price for a stated period of time.