Which of the Following Statements Is False Regarding a Call

Which of the following statements is false regarding a call provision?

A) The issuer can repurchase a fraction of the outstanding bonds in the market or it can make a tender offer for the entire issue.
B) A call provision allows the issuer to repurchase the bonds at a predetermined price.
C) The call price is generally set at or below, and is expressed as a percentage of, the bond's face value.
D) A call feature allows the issuer of the bonds the right (but not the obligation) to retire all outstanding bonds on (or after) a specific date (the call date) , for the call price.

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