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    Principles of Managerial Finance
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    Exam 17: Hybrid and Derivative Securities
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    In Comparison to Convertibles, the Exercise of a Warrant Shifts
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In Comparison to Convertibles, the Exercise of a Warrant Shifts

Question 148

Question 148

True/False

In comparison to convertibles, the exercise of a warrant shifts the firm's capital structure to a less highly levered position.

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