Which of the following is correct regarding convertible bonds?

		a. The coupon rate for a convertible bond will generally be greater than an equivalent nonconvertible bond.
		b. The value of a convertible bond is generally greater than the value of an equivalent bond with no conversion feature.
		c. The value of a convertible bond will always be greater than its conversion value.
		d. The conversion value of a convertible bond is specified in the bond indenture.