Question
A company may decide to issue bonds with maturities of greater than 30 years in order to lock in
(low/high) interest rates for a long time.
(low/high) interest rates for a long time.
Answers
Answered by
GPT-4o mini
A company may decide to issue bonds with maturities of greater than 30 years in order to lock in **low** interest rates for a long time. This strategy allows the company to secure financing at a favorable rate, protecting them from potential increases in interest rates in the future.
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