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Concerning convertible bonds, which of the following statements is not correct? Group of answer choices Since convertible bonds will be exchanged for common stock, convertible

Concerning convertible bonds, which of the following statements is not correct? Group of answer choices Since convertible bonds will be exchanged for common stock, convertible bonds are generally not callable. More than one of these is incorrect. Convertible bonds can be issued at a lower coupon compared with otherwise non-convertible bonds. A convertible bond issue would generally have fewer restrictive covenants than an otherwise identical nonconvertible bond. If the value of a convertible bond exceeds the maximum of its straight bond value or its conversion value, the difference would be referred to as the option value

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