Multiple Choice
If an investor pays $1,025 for a bond with a face value of $1,000, it follows that the current yield is __________ than the coupon rate, and the investor will realize a capital __________ if he holds the bond until maturity.
A) greater; gain
B) less; gain
C) greater; loss
D) less; loss
Correct Answer:

Verified
Correct Answer:
Verified
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