St. MeStanky Beer Co. is issuing new 13-year bonds with 25 warrants attached to each $1,000 par value bond. St. McStanky Beer Co. wanted to issue the bonds at par, but a straight-debt bond (without warrants) would have required a 10.80% coupon rate. Instead, the attached warrants allow St. Mcstaniky Beer Co, to issue the bonds at par with a 6.48% coupon. Calculate the straight value of the bond and the value of each warrant in the following table. (Note: Assume that the company pays annual coupons.) Which kinds of firms are more likely to issue bonds with attached warrants? Large, mature firms small, fast-growing firms Consider the following statement about warrants: Warrants are sweeteners because they add a special benefit to a debt instrument that increases its marketability and lowers interest retes. True or Falses the preceding statement is correct. True. Faise