Consider a Black-Scholes European call option on a non-dividend paying stock. Which of the following statements is false?

1) The value of the call increases as the exercise price increases. 2) The value of the call increases as the time to maturity increases. 3) The value of the call increases as the volatility of the underlying stock increases. 4) The value of the call increases as the risk-free rate increases. 5) The value of the call increases as the price of the underlying stock increases