Consider the following statements about corporate bonds:

(i) As the owners of a firms debt, bond holders play a key role in setting interest payments by the firm.

(ii) Corporate bonds become worthless once a firms enters administration (bankruptcy). Which of the following is correct? Select one:

A. Both statements are true.

B. Both statements are false.

C. Statement (i) is true, but statement (ii) is false.

D. Statement (i) is false, but statement (ii) is true.