1) Which of the following is a true statement regarding publicly traded stocks and bonds?

Group of answer choices:

a)Market interest rates and bond prices move in the same direction.

b)A share of common stock is generally easier to value in practice than a bond.

c)The price of a stock is greater than the present value of all future dividends.

d)The constant dividend growth model can be used to value stocks only if the dividend growth rate remains constant.