Texas Instruments Inc. issued a corporate bond few years ago with par value of 1000 and 1.7 % coupon rate . Now this bond still has three years to maturity . Suppose it makes annual coupon payment and has a yield - to - maturity of What is the current price of Texas Instruments bond ? If the discount interest rates remain unchanged , would you expect a capital gain or a capital loss yield over the next year ? ( Conceptual question . No calculation is required . ) 2.00\% O 1008.70 ; capital loss yield . 991.35 ; capital loss yield . Oc 1008.70 ; capital gain yield . OD . capital gain yield .