Question: What is NOT true about the current yield to maturity on the bond? a. It is based on the assumption that all future coupon payments

What is NOT true about the current yield to maturity on the bond? a. It is based on the assumption that all future coupon payments will be reinvested at the current yield to maturity. b. It is based on the assumption that the bond is held to maturity. c. It is the discount rate, which will set the present value of the future coupon and principal payments equal to the current bond price. d. It is based on the assumption that all future coupon payments will be reinvested at the coupon rate.

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