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Which of the following is an advantage of bonds for a potential investor? a.) Credit rating agencies do not have an effect on bond pricing.
Which of the following is an advantage of bonds for a potential investor?
a.) Credit rating agencies do not have an effect on bond pricing.
b.) Bond prices fall when market interest rates go up.
c.) A bondholder is less exposed to the risk of default than a stockholder.
d.) Prices can rise dramatically, generating significant profits.
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