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Which of the following is least likely an assumption implicit in the yield to maturity calculation? The bend is held until the next coupon payment
Which of the following is least likely an assumption implicit in the yield to maturity calculation?
The bend is held until the next coupon payment date.
The issuer makes all promised payments on time in their full amounts.
All Interim cash flows are invested at the stated yield to maturity until maturity.
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
2nd Edition
0812043731, 978-0812043730
