Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

Relative to an otherwise similar option-free bond, a:
Option A:putable bond will trade at a higher price.
Option B:callable bond will trade at a higher price.
Option C:convertible bond will trade at a lower price.

Answer: A