Marks of 32 Which of the following is TRUE? Select one: O a. When the carrying value of a bond is less than its retirement price, a gain on early debt retirement will be recorded O b. A convertible bond allows for a bond to be converted at a future date into shares of the issuer's common shares. O c. Interest payments to debtholders are not required to be paid if the company reports a net loss and subsequently no income. d. None of the listed answers are true Notes