In a Tax Swap, a Bond Investor Typically

In a tax swap, a bond investor typically

A) sells an issue which has a capital loss and replaces it with a comparable security.
B) swaps a lower- yielding security for a higher- yielding security.
C) swaps a higher- yielding security for a lower- yielding security.
D) sells an issue that has a capital gain and replaces it with a comparable security.