Examlex
All of the following statements are true EXCEPT:
Striking Price
The predetermined price at which the holder of an option contract can buy (call) or sell (put) the underlying asset.
Callable Bonds
Callable bonds are bonds that can be redeemed by the issuer prior to their maturity date at a specified call price.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.
Warrants
Financial derivatives that give the holder the right, but not the obligation, to buy or sell a security, usually equity, at a predetermined price before expiration.
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