Question: A warrant which does NOT expire until several years in the future and which provides its owner the opportunity to buy a stock which is
A warrant which does NOT expire until several years in the future and which provides its owner the opportunity to buy a stock which is fising in price will probably sell for:
Multiple Choice
less than its intrinsic value.
exactly ins intrinsic value.
more than its intrinsic value.
less then or equal to iss intrinsic value.
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