1. Warrants may be issued as______________ for a risky debt or preferred stock issue. 2. If stock has a market price below the option price, the value of the warrant is___________________. 3. The...

1. Warrants may be issued as______________ for a risky debt or preferred stock issue.

2. If stock has a market price below the option price, the value of the warrant is___________________.

3. The __________________of a warrant relates to its convertibility value into common stock.

4. The longer the remaining life of a warrant, the________________ its value.