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Ken Foreman, CFA, is analyzing a bond for potential investment. The current market price of the bond is $108, and Ken expects the market interest

Ken Foreman, CFA, is analyzing a bond for potential investment. The current market price of the bond is $108, and Ken expects the market interest rate to increase from 10% to 12%. He makes a sell recommendation to his clients. Which of the following will most likely weaken his recommendation?

Group of answer choices

a. The bond has an embedded call option.

b. The yield-to-maturity of the bond increases.

c. S&P revises the bond rating from BBB to A+.

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