Which of the following statements regarding a bond being called is TRUE Call prices are known as regular redemption prices when bonds are called at:（）

单项选择题Which of the following statements about embedded options and yield volatility is FALSE（）

A. As yield volatility increases, the value of the call option increases along with the value of the callable bond.
B. A call option benefits the issuer and a put option benefits the holder.
C. The greater the volatility of the underlying price, the greater the value of the embedded option.

单项选择题Which of the following statements about reinvestment risk of a security is least accurate Reinvestment risk:（）

A. is minimized with zero-coupon bond issues.
B. becomes more problematic for those investors with longer time horizons.
C. becomes more problematic when the current coupons being reinvested are relatively small.