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

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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?

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Definitions:

Sodium Salts

Compounds formed by the replacement of the hydrogen ion in an acid by a sodium ion.

Adrenal Gland

Endocrine glands located above the kidneys that produce hormones such as adrenaline and cortisol, which regulate the body's stress response and other vital functions.

Strong Craving

An intense desire or urge for a specific substance, activity, or experience, often associated with addiction or habit formation.

Adrenal Glands

Small glands located on top of each kidney; they produce hormones such as adrenaline and cortisol which help manage stress and other bodily functions.

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