Assertion (A): Investors in the capital market seem to be inclined to fixed income securities.
Reason (R): Debt instruments now have an active secondary market.
A. (A) and (R), both are correct, and (R) is the correct explanation of (A)
B. (A) and (R) both are correct, but (R) is not the correct explanation of (A)
C. (A) is correct, but (R) is incorrect
D. (A) is not correct, but (R) is correct
Answer: Option C

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