Which of the following has the effect of being a call option for a specified number of shares in a firm?
A)fixed income
B)mezzanine
C)hedge fund
D)warrant
E)derivative

Question

Quizplus · Accepted Answer

A warrant is a security that gives the holder the right, but not the obligation, to buy a specified number of shares at a specific price within a certain timeframe. This is very similar to a call option, making D the correct choice.

Which of the Following Has the Effect of Being a Call