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    Question

    Which of the following is a security that entitles the

    holder to buy the underlying stock of the issuing company at a fixed rate until the expiry date?
    A Floating Rate Notes Correct Answer Incorrect Answer
    B Mutual Funds Correct Answer Incorrect Answer
    C Warrants Correct Answer Incorrect Answer
    D Debentures Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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