The Major Difference Between Convertible Debt and Stock Warrants Is

The major difference between convertible debt and stock warrants is that upon exercise of the warrants

A) the stock is held by the company for a defined period of time before they are issued to the warrant holder.
B) the holder has to pay a certain amount of cash to obtain the shares.
C) the stock involved is restricted and can only be sold by the recipient after a set period of time.
D) no paid-in capital in excess of par can be a part of the transaction.

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