The following statements are either True or False. Choose one correct answer I. It is better to hold unsecured bonds than secured in the event of default II. Many new exotic securities are triggered by government policies or regulations III. Call provisions give a valuable option to debt issuers IV. Privately placed debt issues often include stricter covenants than public debt. Select one: a. FALSE - III b. TRUE - II, III and IV c. TRUE - I, II and IV d. FALSE - I and