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Why Do Corporations Issue 100-Year Bonds,knowing That Interest Rate Risk

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Essay

Why do corporations issue 100-year bonds,knowing that interest rate risk is highest for very long-term bonds? How does the interest rate risk affect the issuer?


Definitions:

External Attributions

The process of attributing the cause of behavior to situational or external factors rather than to internal characteristics.

Self-Blaming Attributions

The tendency to attribute personal failures or negative events to one's own deficiencies or actions.

Bipolar Disorder

A psychological ailment characterized by intense variations in mood, alternating between high phases of mania or hypomania and low phases of depression.

Depression

A mental disorder that involves a persistent feeling of sadness or a lack of interest in life's activities, majorly interrupting ordinary daily routines.

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