Use the following table to indicate whether the characteristic listed refers to convertible bonds or to stock warrants:

Characteristic	Convertible Bonds	Debt with Warrants
These fixed-income securtities remain as liabiltites on the company's books after they are exercised.
These fixed-income securtities are exchanged for common stock and removed as liabilties from the company's books
These securitites tend to have higher flotation costs
These securitites tend to be issued by larger, less risky firms

2. If a firm experiences rapid growth subsequent to converitble or bond-with-warrant issues, does that make it more or less likely that the securtites will be converted or excercised?