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The gain from exercising a warrant is similar to the gain from exercising a call option except: A. the gain on a warrant is greater by the fraction of warrant shares divided by total shares. B. the gain on a warrant is limited by the firm's value after being reduced by the debt of the firm C. the gain on a warrant is decreased by the fraction of original shares divided by total post exercise shares. ANS: C 我的問題是A選項跟C選項看的實在不是很懂在說啥= = 煩請翻譯一下 感謝不盡~ 另外請問underlying asset的定義與意思是什麼呢? -- ※ 發信站: 批踢踢實業坊(ptt.cc) ◆ From: 114.33.3.171 ※ 編輯: tyshowman 來自: 114.33.3.171 (09/03 01:25)