EMC issued $25$ year bonds with warrants which had an expiry date of $10$ years. The stock price of EMC was currently trading at $$20$ and investors can exercise the warrants at a strike price of $25$ within first years and $$35$ after first five years. The reasons for the stepped up strike price was ATo raise additional capital with the hope that investors will buy the warrants at $$35$ B$)$ To help investors make more profit C$)$ The stepped up strike price was to force investors exercise the option before five years D$)$ To ensure that the companies make more revenues E$)$ To reduce overall expenses