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Warrant
An instrument that gives the holder the right, but not the obligation, to buy or sell a certain asset at a specified price prior to or on a specific date.
Exercise Price
The specified price at which the option holder can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Firm's Assets
Resources owned by a company that have economic value and can be used to meet its financial obligations or invest in its operations.
Stock
A type of security that signifies ownership in a corporation and represents a claim on part of the company's assets and earnings.
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