- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 2. Fixed-Income Cash Flows and Types
- Subject 2. Fixed-Income Contingency Provisions
CFA Practice Question
Which bond option is actually an "attached" - rather than an "embedded" - option?
B. A warrant
C. A conversion provision
A. A call option
B. A warrant
C. A conversion provision
Correct Answer: B
Warrants are attached to bonds. They can be separated from bonds.
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