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which of the following is least likely an assumption implicit in the yield to maturity calculation? A. the bond is held until the next coupon
which of the following is least likely an assumption implicit in the yield to maturity calculation?
A. the bond is held until the next coupon date
B. the issuer makes all promised payments on time in their full amounts
C. all interim cash flows are invested at the stated yield to maturity until maturity
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