Which of the following help to explain why Greendale Inc Bonds have a LOWER coupon rate than J. Winger Bonds, assuming everything else held constant and both bonds were issued at par?

A. the Greendale bonds are subordinate debt

B. the Greendale bonds are not callable

C. the Greendale bonds are sold by the borrowing firm at a deep discount, given its lower coupon rate

D. the J. Winger bonds are sold by the borrowing firm to investors at a premium, given its high coupon rate

E. the J. Winger bonds are puttable

Coupon Collateral Callable Puttable Senior/Subordinate Greendale 8% Firm equipment Not callable Extendable for 2 years Subordinate J. Winger 12% Debenture In 12 years May not be extended Senior