Question: Under what conditions would we likely use the callable options? A . In Year 7 , interest rates have increased since issuance. The new 1

Under what conditions would we likely use the callable options?
A. In Year 7, interest rates have increased since issuance. The new 10-yrs, US
Treasury yield is now at 7%
B. In year 8, interest rated have declined since issuance. The new 10- year US treasury
yield is at 3%.
C. In year 7, interest rates have not changed. The new 10- year US treasury yield is still
5%.

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