80. Hiral is considering buying a 10-year puttable bond or a 10-year callable bond. Each of the bonds has the same default risk and coupon rate. Which of the following is not correct? a. The semi-annual coupon payments will be exactly the same. b. The par value of the bonds is exactly the same. c. The YTM based on price and calculated to maturity for the puttable bond will be greater than the callable bond. d. Both bonds can be priced based on the combination of the cash flows of the bond plus the value of the embedded option