Is the underlined participial phrase correctly placed or misplaced?

Continuing to read the newspaper, my father ignored the ringing telephone.

Underlined words: Continuing to read the newspaper,

A.

misplaced participial phrase

B.

correctly placed participial phrase

The participial phrase given in the sentence is misplaced. The answer is option A. In the given sentence, the phrase becomes a dangling modifier because it does not clearly state what word it really modifies. So to correct it, the sentence should be, "My father, continuing to read the newspaper, ignored the ringing telephone". Now it is clear who the participial phrase is describing, which is "father".