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The promised yield to maturity calculation assumes that a. all coupon interest payments are reinvested at the current market interest rate for the bond. b.

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The promised yield to maturity calculation assumes that a. all coupon interest payments are reinvested at the current market interest rate for the bond. b. all coupon interest payments are not reinvested. c. all coupon interest payments are reinvested at the coupon interest rate for the bond. d. all coupon interest payments are reinvested at short-term money market interest rates. e. None of these choices are correct

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