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Which statement is TRUE regarding warrants? A The exercise price of a warrant is set at a premium to the stock's current market price and

Which statement is TRUE regarding warrants?

A

The exercise price of a warrant is set at a premium to the stock's current market price and the warrants are exercised when the exercise price is above the market price

B

The exercise price of a warrant is set at a discount to the stock's current market price and the warrants are exercised when the exercise price is above the market price

C

The exercise price of a warrant is set at a premium to the stock's current market price and the warrants are exercised when the exercise price is below the market price

D

The exercise price of a warrant is set at a discount to the stock's current market price and the warrants are are exercised when the exercise price is below the market price

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