Question: Use the following three statements to answer this question: i. Callable bonds give the bondholder an option to sell the bond to the bond issuer
Use the following three statements to answer this question: i. Callable bonds give the bondholder an option to sell the bond to the bond issuer at a predetermined price. II. Bonds are usually less risky for investors than equities because among others coupon payments are the firm's legal liabilities and dividend payments are not. iii. All debentures are secured bonds. O a. Only iis correct. O b. i and ii are correct. O c. All statements are correct. O d. ii and iii are correct O e. Only ii is correct
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