问题
单项选择题
Which of the following embedded options most likely benefits the bondholde（）
A. Interest rate cap on a floating-rate bond.
B. Accelerated sinking fund provision.
C. Put provision at par on a bond that is trading at a premium.
答案
参考答案：C
解析：
A put provision is an option that is exercisable by, and therefore potentially of benefit to, the bondholder. Even though the put is out of the money, it still has value to the bondholder. Interest rate caps, accelerated sinking fund provisions, and prepayment options all potentially benefit the issuer of the bond.