Examlex
Which of the following is true regarding cognitive ability tests?
Warrants
Warrants are a type of security that gives the holder the right to purchase a company’s stock at a specific price until the expiration date.
Long-term Call Options
Financial derivatives granting the holder the right, but not the obligation, to buy a security at a fixed price within a specific long-term period.
Exercise Price
The price stated in the option contract at which the security can be bought (or sold). Also called the strike price.
Common Stock
A form of corporate equity ownership, representing a claim on a portion of the company's profits and a right to vote on management decisions.
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