19. In comparison to other ABC bonds with the same coupon rates and maturities (as well as the same seniority and liquidity), a bond that is convertible into 20 shares of ABC stock (and that is not callable) should have

A. a lower value than a non-convertible ABC bond that is not callable.

B. a lower value than a non-convertible ABC bond that can be prepaid by the firm prior to maturity.

C. a higher value than a non-convertible ABC bond that is not prepayable

D. the same value as a non-convertible ABC bond that is callable.

E. the same value as a non-convertible ABC bond that is not callable.