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a. Is it possible to have a capital gain or capital loss if a corporate bond or Government of Canada bond is sold before maturity?

a. Is it possible to have a capital gain or capital loss if a corporate bond or Government of Canada bond is sold before maturity? If so, describe the economic factor that leads to the capital gain or capital loss.

b. The long-term average return for stocks typically exceeds that of bonds, so what is the attraction of holding bonds in an investment portfolio?

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