(Choose the right sentence)

1. Say that call price is at 100% of the face value, the yield to call is a more conservative yield measurethan the yield to maturitywhenever

A. price of a callable bond is quoted at a value is bigger than its face value.

B.price of a callable bond is quoted at a value is same to its face value.

C. price of a callable bond is quoted at a value is smaller than its face value.

.2. Choose a correct sentence(s)

[I]Generally the pain from "regret of omission is stronger than the pain from "regret of commission".

[II]Generally investors dislike uncertain loss more than certain loss when both have the same expected loss.

[III]Overconfidence bias induces investors to take up passive investment strategies.