When One Invests in a Private Placement Bond Offering,they Can

When one invests in a private placement bond offering,they can generally expect to receive a slightly higher yield than on public bond offerings,because:

A) Of a very large secondary market for the private placement bonds
B) Of a very small secondary market for the private placement bonds
C) Of the large size of the borrowing firm in the private placement
D) There is less risk in a private placement than in a public one