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In this session, we discuss stock warrants, which are certificates that grant holders the right to purchase stock at a predetermined price within a specified timeframe. This privilege allows investors to lock in a price, such as buying a stock at $50 when the market price is $80, highlighting the advantage of stock warrants. The document compares stock warrants to stock options, noting that a separate session will cover stock options in detail. Additionally, the tutorial touches on the reasons why companies issue stock warrants.