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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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