Which statement is TRUE when comparing convertible preferred stock and non$-$convertible preferred stock?

A

Convertible preferred stock will have a higher yield than non$-$convertible preferred stock

B

Convertible preferred stock will have the same yield as non$-$convertible preferred stock from a given issuer

Convertible preferred stockholders benefit as the market price of the common stock rises

Convertible preferred stockholders benefit as the market price of the commontock falls