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You own stock in a firm that has a pure discount loan due in six months. The loan has a face value of $50,000. The assets of the firm are currently...
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33. You own stock in a firm that has a pure discount loan due in six months. The loan has a face value of $50,000. The assets of the firm are currently worth $62,000. The stockholders in

this firm basically own a _____ option on the assets of the firm with a strike price of ______ A. put; $62,000.B. put; $50,000.C. warrant; $62,000.D. call; $62,000.E.call; $50,000.
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