Which of the following regarding the dollar return of bonds is incorrect? Question 1Answer a. For a given yield to maturity and a given coupon rate, the longer the maturity, the more dependent the bonds total dollar return is on the interest-on-interest component in order to realize the yield to maturity at the time of purchase. b. The dollar return is a measure of yield that incorporates an explicit assumption about the reinvestment rate. c. The dollar return is a promised yield at the time of purchase if the investor will hold the bond until maturity and all coupon interest payments are reinvested at the same yield d. For a given maturity and a given yield to maturity, higher coupon rates will make the bonds total dollar return more dependent on the reinvestment of the coupon payments in order to produce the yield to maturity anticipated at the time of purchase