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Question 3 Which of the following is false? O Warrants have time value but rights don't. O A callable bond has a lower price than
Question 3
Which of the following is false?
O Warrants have time value but rights don't.
O A callable bond has a lower price than an otherwise identical straight bond.
O A warrant has a lower price than an otherwise identical put option because of dilution effect.
O A convertible bond has a higher price than an otherwise identical straight bond,
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