Question: If a bond has a provision for a put option this means The holder has the right, but not obligation to sell the bond back

 If a bond has a provision for a ""put option this

If a bond has a provision for a ""put option this means The holder has the right, but not obligation to sell the bond back to the issuer at a pre-determined price The holder has the right, but not obligation to buy another bond with similar! coupon payments and risk The issuer has the right, but not the obligation, to buy back the bond at a pre determined price The issuer must put the bond in a safe deposit box because it will have become so valuable

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