Answer: A putable bond

**Explanation:** - **Option A (Putable bond)**: This is correct. A putable bond gives the investor (bondholder) the right to sell the bond back to the issuer at a predetermined price before maturity. This is an investor option because it benefits the bondholder. **Comparison with other embedded options:** - **Callable bonds**: Give the issuer the right to call (redeem) the bond before maturity - this is an issuer option - **Convertible bonds**: Give the investor the right to convert into equity - this is also an investor option - **Putable bonds**: Specifically give the investor the put option to sell back to the issuer The question specifically asks about bonds with embedded options that are investor options, and putable bonds fit this description perfectly.

Author: LeetQuiz Editorial Team