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Bondholders will need to repeatedly look for other bonds to invest in when their existing bonds mature. At the time, the going interest rate may

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Bondholders will need to repeatedly look for other bonds to invest in when their existing bonds mature. At the time, the going interest rate may be lower than that from the previous bonds. The risk described above is called. reinvestment rate risk inherent risk of bond maturity maturity risk premium market-controlled risk

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