What is the difference between CoCo bonds and NoNo bonds?

Multiple choice question.

CoCo bonds can be redeemed at the corporation's discretion, while NoNo bonds can be redeemed at the bondholder's discretion.

CoCo bonds make coupon payments, while NoNo bonds do not make coupon payments.

CoCo bonds do not make coupon payments, while NoNo bonds make coupon payments.

CoCo bonds are convertible to common stock, while NoNo bonds are not convertible.