A Moving to another question will save this response. Question 2 Which of the following is TRUE about the callable bonds? A. Callable bonds are called when interest rates go up B. If you think interest rates are going down, you should buy a callable bond C. Callable bonds allow the issuer to refinance at lower rates D. A callable bond with a coupon of 3% is likely to be called when yields are 3% Moving to another question will save this response