Answered

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Jackie has a warrant that gives her the opportunity to buy 5 shares of XYZ Company for $40 a share. The current price of the stock is $35 a share, and the warrant expires in one week. Jackie should:
A. exercise the warrant in case the stock price increases in the future.
B. do nothing and let the warrant expire.
C. sell the warrant in the market.
D. none of the above are correct
E. all of the above are correct

Sagot :

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