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An equity-like security that entitles the holder to buy a pre-specified amount of common stock of the issuing company at a pre-specified stock price prior to a pre-specified expiration date.

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The CFA Institute Investment Foundations Program covers the essentials of finance, ethics, and investment roles, providing a clear understanding of the global investment industry.


1. An equity-like security that entitles the holder to buy a pre-specified amount of common stock of the issuing company at a pre-specified stock price prior to a pre-specified expiration date.





 
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