(I)Callable Bonds Usually Have a Higher Yield Than Comparable Noncallable

Multiple Choice

(I) Callable bonds usually have a higher yield than comparable noncallable bonds.
(II) Convertible bonds are attractive to bondholders and sell for a higher price than comparable nonconvertible bonds.

A) (I) is true, (II) false.
B) (I) is false, (II) true.
C) Both are true.
D) Both are false.