A bond investor seeking capital gains should purchase

A$)$ bonds with distant maturity dates when interest rates are expected to rise.

B$)$ bonds with short maturity dates when interest rates are expected to decline.

C$)$ bonds with distant maturity dates when interest rates are expected to decline.

D$)$ bonds with short maturity dates when interest rates are expected to rise.

Circle all the statements that are true?

A$)$ If market interest rates are higher than a bond's coupon interest rate, then the bond will sell above its par value.

B$)$ The market value of a bond moves in the opposite direction of market interest rates.

C$)$ As the maturity date of a bond approaches, the market value of a bond approaches $0.$

D$)$ Long$-$term bonds are more sensitive to interest rate changes than short$-$term bonds.

E$)$ None of the above.