[单选题]

A straight 5% bond has two years remaining to maturity and is priced at $9867. A callable bond that is the same in every respect as the straight bond, except for the call feature, is priced at $917.60. With the yield curve flat at 6%, what is the value of the embedded call option?

A.$45.80.

B.$64.07.

C.$101.00.

参考答案与解析:

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