Which of the following is false?

Question 13 options:

	A) A zero-coupon bond does not have intervening coupon payments.
	B) Lower coupon rate bonds have more interest rate risk.
	C) A callable bond held by an investor is less risky than a non-callable bond by the same firm with the same maturity.
	D) Creditors have legal recourse to bankruptcy court if interest or principal payments are missed.
	E) the IRR may differ with a NPV decision when there are mutually exclusive projects