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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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