Which of the Following Is an Example of a "Warrant

question 73

Multiple Choice

Which of the following is an example of a "warrant"?

• A)Right to buy 100 shares of CIBC at $50.00 per share over the next 5 years.
• B)Commitment to buy 100 barrels of oil next month at $125/barrel.
• C)Commitment to buy $100,000 U.S. dollars in 4 months at US$ = 1.10.
• D)Pay interest at prime +3% in exchange for receiving interest at 5%.

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Definitions:

Earned

Income received or generated as a result of work or investment.

Plastic Tubing

Flexible plastic pipes used for fluid transfer in various applications, including medical, laboratory, and industrial processes.

Flexible

Capable of adapting to changes and varying conditions without significant difficulty.

Cents

A monetary unit in various countries, equal to one-hundredth of a base unit of currency, like the dollar in the United States.