the Owner of a warrent had the?

obligation to sell securities directly to the issuer at a fixed price for a stated period of time. right to purchase securities directly from the issuer at a fixed price for a stated period of time. obligation to purchase securities directly from the issuer at a fixed price for a stated period of time. night to sell securities directly to the issuer at a fixed price for a stated period of time. right to sell securities ditrectly to the issuer of the prior day's closing price for a stated period of time