Warrants, which are options issued by a company to purchase shares of the companys common stock at

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Warrants, which are options issued by a company to purchase shares of the company’s common stock at a particular price during a specified period of time.

Warrants are frequently sold to investors as part of a unit that consists of a fixedincome security with a warrant attached. As a result, warrants are issued by firms for similar reasons as convertible securities.

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