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:

Urine

Liquid waste product made by the nephrons of the vertebrate kidney through the processes of glomerular filtration, tubular reabsorption, and tubular secretion.

Aldosterone

A steroid hormone produced by the adrenal glands that regulates salt and water balance in the body.

Adrenal Cortex

The outer region of the adrenal glands that produces steroid hormones including cortisol and aldosterone.

Glomerular Capsule

Cuplike structure that is the initial portion of a nephron.