Question: Swimmers Inc. (SI) recently issued a security that allows the holder to purchase common shares for cash at a fixed price for a specified period.

Swimmers Inc. (SI) recently issued a security that allows the holder

Swimmers Inc. (SI) recently issued a security that allows the holder to purchase common shares for cash at a fixed price for a specified period. Which of the following correctly describes the type of security that was issued by SI? a) Warrants b) Retractable bonds c) Convertible preferred shares d) Share rights

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