Question

Which of the following is a basic characteristic of​ warrants? A. It has an exercise period shorter than one month. B. It increases the required interest rate. C. It improves the marketability of an issue. D. It is non detachable.

Answer 1

C. It improves the marketability of an issue of stocks.

Step-by-step explanation:

In most cases , the expiration date is one year or more in case of warrants . It may be detachable or non detachable with the underlying stock. It gives the stock purchaser the right to purchase a stock at predetermined price at specified date or before. It is issued to increase the marketability of an issue of stocks.