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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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