Which of the Following Statements About Company-Issued Equity Warrants Is

Which of the following statements about company-issued equity warrants is incorrect?

A) The terms of a warrant may allow the warrant to be detachable from the bond issue.
B) A company-issued equity warrant generally attaches to a bond issue.
C) Because company-issued equity warrants are attached to a bond they have no value.
D) Warrants may lower the costs of borrowing associated with the issue of the underlying corporate bond.