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14-03-2024
Business

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Which of the following statements about warrants is true?
a) Warrants can only be exercised if the stock price is lower than the strike price.
b) Warrants are typically exercised when the stock price exceeds the strike price.
c) Warrants can only be exercised when the bond is redeemed.
d) Warrants cannot be exercised after 10 years.

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