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Which of the following bonds has the greatest dependence on reinvestment income to generate the computed yield? Assume that each bond is offering the same

Which of the following bonds has the greatest dependence on reinvestment income to generate the computed yield? Assume that each bond is offering the same yield to maturity. (No calculations are needed to answer this question.) Bond X Y Z Maturity 25 years 20 years 20 years Coupon Rate (%) 0 7 8

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