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Both Alfred Russel Wallace and Charles Darwin traveled extensively and were struck by the strong patterns they observed in the geographic distribution of nature's diversity. Which of the following observations did Wallace make?
Current Yield
A bond's annual interest payment divided by its current price, indicating the return an investor would expect if the bond is held for a year.
Premium Bonds
Government or corporate bonds that are sold at a price above their face value due to their high credit quality or favorable interest yield.
Discount Bonds
Bonds sold for less than their face value, offering investors the difference as profit upon maturity.
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