Which of the following is not a common feature of financing with warrants?
A)an exercise price that is below the market price of common stock at the time the warrant is issued
B)typical life of a warrant is between 5 and 10 years
C)warrant is usually detachable from a debenture or preferred stock
D)if a warrant is issued as part of a "unit," it is usually detachable from a debenture or preferred stock

Question

Quizplus · Accepted Answer

An exercise price that is below the market price of common stock at the time the warrant is issued is a common feature of financing with warrants, while the other options are all common features.

Which of the Following Is Not a Common Feature of Financing