An issuer of a bond is more likely to exercise a call option on the bond after an increase in interest rates.
A) a decrease in interest rates.
B) a decrease in the bond's price.
C) a downgrade of the bond's rating by Moody's.

Question

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The Answer of An issuer of a bond is more likely to exercise a call option on the bond after an increase in interest rates.
A) a decrease in interest rates.
B) a decrease in the bond's price.
C) a downgrade of the bond's rating by Moody's.

An Issuer of a Bond Is More Likely to Exercise