Question: If we view equity as a call option on the firm, what are the two claims that represent the bondholders' position? Multiple select question. The

If we view equity as a call option on the firm, what are the two claims that represent the bondholders' position?
Multiple select question.
The stockholders own the firm.
The bondholders own the firm.
The stockholders have written a call option on the firm.
The bondholders have written a call option on the firm.

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