Please help me with the following question based on the given article, there is only one option that is correct. Please also explain why is the option correct and other options are wrong.

\fBy Reuters Chinese property developer CIFI Holdings (Group) Co Ltd said on Friday it will issue HK$ 1.96 billion ($250.22 million) April L 2022 threevyear convertible bonds for refinancing a bond maturing this month. The Shanghaibased company is one of the few Chinese developers that would be managing to raise funds from the capital market, as liquidity was nearly shut for them after defaults by China Evergrande Group 3333.HK and others rattled global markets. The conversion price of the 6.95% bond due April 2025 is HKSSSB per share, 20% higher than Thursday's closing price. If the bonds are fully converted, the shares represent 3.87% of the enlarged capital. CIF I said in a filing it plans to use the proceeds for refinancing, including the upcoming redemption of a 6.70% dim sum bond due April 23 with an outstanding 1.5 billion yuan ($236.29 million). Dim sum bonds are bonds issued outside of mainland China but denominated in yuan. CIFI's Hong Kong-listed shares dropped more than 13% in morning trading to HK$3.98, whereas the main Hang Seng Index eased 0.8%. Which of the following statement(s) is CORRECT according to the above? i. If CIFI Holdings makes the bond non-convertible before issuance, the bond's yield is likely to go up. ii. If CIFI Holdings makes the bond non-convertible before issuance, the bonds Macaulay duration would go up. [Consider converted stocks as payment by the issuer.] iii. CIFI Holdings' convertible bond is more likely to be converted if CIFI Holdings' stock has positive alpha instead of negative alpha. 0 land ii 0 land iii 0 ii and iii 0 i, ii and