Stock Purchase Warrants Are Instruments That Give Their Holders ________

Multiple Choice

Stock purchase warrants are instruments that give their holders ________.

A) the obligation to purchase a certain number of shares of the issuer's common stock at a specified price over a certain period of time
B) the right to purchase a certain number of shares of the issuer's common stock at a specified price over a certain period of time
C) the obligation to sell a certain number of shares of the issuer's preferred stock at a specified price over a certain period of time
D) the right to sell a certain number of shares of the issuer's preferred stock at a specified price over a certain period of time