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Suppose you bought a bond a year ago and you are planning to sell it today. If the current bond price is higher than a
Suppose you bought a bond a year ago and you are planning to sell it today. If the current bond price is higher than a year ago, which of the following statements is true (assume the bond makes no coupon payment)?
A)The rate of return will be positive
B)you incurred a capital gain
C)You incurred a capital gain and the rate of return will be positive.
D)You incurred a capital loss
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