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Generally speaking, long - run bonds have a . reinvestment rate risk, maturity risk and short - run bonds have b . interest rate risk,

Generally speaking, long

-

run bonds have

.

reinvestment rate risk, maturity risk

and short

-

run bonds have

.

interest rate risk, default risk

.

reinvestment rate risk, interest rate risk

.)

interest rate risk, reinvestment rate risk

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