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. The price of a discount bond ________ to par as it approaches maturity. Comparing the initial price and the future par value, a premium

. The price of a discount bond ________ to par as it approaches maturity. Comparing the initial price and the future par value, a premium bond gives investors _________.

A. decreases; a capital loss

B. increases; a capital gain

C. decreases; neither a capital gain nor loss

D. increases; a capital loss

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