Which one of the following is a correct statement?I) Exercise of warrants results in more outstanding shares of stock, while exercise of listed call options does not.II) A convertible bond consists of a straight bond plus a specified number of detachable warrants.III) Call options always have an initial maturity greater than 1 year, while warrants have an initial maturity less than 1 year.IV) Call options may be convertible into the stock, while warrants are not convertible into the stock.A)I &IIB)II onlyC)I&IVD)I only