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Which one of the following risks is associated with investing a coupon payment at a rate that is lower than the bond's yield-to-maturity? 1. Reinvestment
Which one of the following risks is associated with investing a coupon payment at a rate that is lower than the bond's yield-to-maturity?
1. Reinvestment rate risk 2. Current rate risk 3. Payment risk 4. Current yield risk 5. Maturity risk
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