Ask Question
22 December, 06:31

Which of the following is a basic characteristic of warrants? A. It has an exercise period shorter than one month. B. It increases the required interest rate. C. It improves the marketability of an issue. D. It is non detachable.

+5
Answers (1)
  1. 22 December, 06:56
    0
    C. It improves the marketability of an issue of stocks.

    Explanation:

    In most cases, the expiration date is one year or more in case of warrants. It may be detachable or non detachable with the underlying stock. It gives the stock purchaser the right to purchase a stock at predetermined price at specified date or before. It is issued to increase the marketability of an issue of stocks.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is a basic characteristic of warrants? A. It has an exercise period shorter than one month. B. It increases the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers