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7-If you feel strongly that a stock price will move, but are unsure of the direction, you could buy the stock and A.buy both a

7-If you feel strongly that a stock price will move, but are unsure of the direction, you could buy the stock and

A.buy both a put and a call.

B.sell both a put and a call.

C.buy two puts.

D.buy a put and sell a call.

8-Investors who hold warrants essentially have a:

A.put option on the firm's bonds.

B.call option on the firm's equity.

C.call option on the firm's bonds

D.put option on the firm's equity.

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