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Which of the Below Statements Is FALSE

Question 12

Multiple Choice

Which of the below statements is FALSE?


A) Warrants may be attached as part of a bond issue with each warrant granting the holder the right to purchase a designated security at a specified price from the issuer of the bond.
B) The conversion provision in a corporate bond issue grants the bondholder the right to convert the bond to a predetermined number of shares of common stock of the issuer.
C) A callable bond grants the bondholder the right to sell the issue back to the issuer at par value on designated dates.
D) Zero-coupon bonds are bonds without coupon payments or a stated interest rate.

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