Which of the following best explains why a bondholder is similar to a bank?
O
A. Bondholders keep some of their assets in reserve just as banks
do.
O
B. Bondholders loan money to bond issuers just as banks loan
money to customers.
O
C. Bondholders take deposits and issue withdrawals just as banks
do.
O
D. Bondholders determine the risk level of bonds just as banks
determine the risk level of loans.