Which One of the Following Statements Is Correct

Multiple Choice

Which one of the following statements is correct?

A) A convertible bondholder is forced to convert no later than a pre-specified time.
B) The convertible option on a bond gives the owner the right to buy shares from a company at a pre-determined cash price.
C) The owner of a warrant has an option to convert the warrant into convertible bonds.
D) The owner of a warrant will benefit if the firm's stock does well.