Which of the following statements is true regarding warrants?

Warrants are specialized financial instruments that give investors the right, but not the obligation, to buy a company's stock at a specific price within a certain timeframe. The distinct characteristic of warrants is that they can indeed be perpetual, meaning they can potentially remain in existence indefinitely until exercised or expired. This feature differentiates them from options, which typically have fixed expiration dates.

The fact that warrants can be structured to last indefinitely provides unique investment opportunities for holders, allowing them to benefit from long-term price appreciation of the underlying stock without the pressure of approaching expiration dates. This capacity for perpetuity aligns well with strategies aiming for long-term gains, particularly when the underlying company is expected to perform well over time.

In contrast, the other statements present limitations or inaccuracies regarding warrants. For instance, warrants do not receive dividends simply because the underlying stock does; dividends are typically associated with the ownership of shares rather than the mere right to purchase them. Not all warrants are issue-specific to blue chip corporations; companies of various sizes and stability can issue them. Lastly, while the Options Clearing Corporation provides guarantees for certain options transactions, warrants do not benefit from this same level of backing, as they are generally not traded on exchanges like options are.