Question: A bondholder should put a puttable bond when: A. the bond's yield is above its coupon payment B. the bond's yield is below its coupon

A bondholder should put a puttable bond when:

A. the bond's yield is above its coupon payment

B. the bond's yield is below its coupon payment

C. the bond's price is below its put price

D. the bond's price is above its put price

E. none of the above

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