Question 18 (5 points) KPG Capital bought 50,000 preferred stock from Yummy Food Inc. Yummy Food Inc. has also given KPG Capital the right to buy an additional 25,000 shares of its stock at a price of $20 a share. This right to buy additional shares of Yummy Food Inc. at $20 a share is called O Straddle O Put O Warrant O Spread O Convertible bond
