Question $27(2\mathrm{.}5$ points$)$Which of the following statements regarding convertible bonds are most accurate?$1.$ Are likely to pay a lower yield than a comparable non$-$convertible bond$\mathrm{.}2.$ Are likely to pay a higher yield than a comparable non$-$convertible bond$\mathrm{.}3.$ Are more likely to be converted when a company's stock underperforms$\mathrm{.}4.$ Are more likely to be converted when a company's stock outperforms$\mathrm{.}1$ and $3\mathrm{.}1$ and $4\mathrm{.}2$ and $3\mathrm{.}3$ and $4.$