Assume a bond's yield to maturity at purchase stays constant over its remaining life.

If you buy and hold a premium bond, you must expect a _____ each year until maturity. If you buy and hold a discount bond, you must expect a _____ each year until maturity.

		a) capital loss / capital gain
		b) capital loss / capital loss
		c) capital gain / capital loss
		d) capital gain / capital gain