A Firm That Issues Warrants ____

A firm that issues warrants ____.

A) can expect to receive additional funds if the formula value of the warrant is zero at the expiration date
B) must pay the same per share dividend to the warrant holders as it pays to its stockholders
C) cannot issue convertible securities while the warrants are outstanding
D) can expect to receive additional funds if the formula value of the warrant is positive at the expiration date

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