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Use the following three statements to answer this question: - 1. Callable bonds give the bondholder an option to sell the bond to the bond
Use the following three statements to answer this question: - 1. Callable bonds give the bondholder an option to sell the bond to the bond issuer at a predetermined price. ii. Bonds are usually less risky for investors than equities because among others coupon payments are the firm's legal liabilities and dividend payments are not. iii. All debentures are secured bonds. O a ii and iii are correct O b. i and ii are correct. O c. Only ii is correct O d. All statements are correct. O e. Only i is correct
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