单选题
编号：2692402
1. Which of the following statements about the effects of interest rate volatility on value of bonds with embedded options is least accurate?
- A.As yield volatility increases,the value of a putable bond ncreases.
- B.A putable bond's value is its straight bond value plus the value of the embedded put option.
- C.A callable bond's value is its straight bond value plus the value of the embedded call option.