With regard to the measurement of a convertible bond issue, which of the following statements is correct?

a.IFRS requires the use of the relative fair value method for the bond and the convertible feature.

b.IFRS requires all proceeds be recorded as debt.

c.ASPE would not allow the entire proceeds to be credited to bonds payable

d.ASPE provides that the amount paid in associated with the conversion feature be either valued at zero or at the difference between the amount paid in and the fair value of the bond only as contributed surplus.

e.None of the above.