Creating RUM Agent Setup - Password storage

We have a scenario where we want to create RUM agent setup file and provide it to workstation owners to install them. While creating the setup file we need to provide Source Domain's Migration Manager RUM Agent service. Since it has domain admin privilege we are concerned about security. 

How this password is stored in the setup file? Will it pose any security issue ?
Also, is it possible to install the agent in other drives apart from C:\? 

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