Which of the following is true of full$-$ratchet anti$-$dilution rights?

Group of answer choices

They protect the value of the early investors$$ preferred shares by increasing the number of shares that they are entitled to so that the effective price is no higher than the weighted average of the prices paid by future investors.

They protect the value of the early investors$$ shares by increasing the number of shares that they are entitled to so that the effective price is no higher than the lowest price paid by future investors.

They protect the value of the stock option pool so that stock options can be used to recruit and reward key employees even after the share price has decreased.