SIE Exam Practice Question 141

Question: 141

Which of the following is NOT true regarding the options of an investor who possesses a warrant to purchase common stock?

A. The investor must exercise the warrant before the stock’s price rises above the subscription price.

B. The investor may sell the warrant to another investor.

C. The investor may exercise the warrant at any time prior to expiration to purchase common stock at the warrant's subscription price.

D. all of the above statements are true.