Business Principle class!!

Reagan recently invested in a 15-year bond with Rocky Mountain Brewers. The bond pays 8 percent interest annually and has a maturity date of 2035.

The bonds are callable in 2030. If interest rates go down to 5.5 percent in the year 2030, the brewery is likely to?

A- not exercise the call.

B- exercise the call.

C- give bondholders a choice of whether they want to turn the bonds back to the brewery.

D- decrease the interest rate that they are willing to pay the holder.