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The reinvestment rate risk a ) captures the probability that the issuer will not pay interests or principal at the stated time and stated amount.

The reinvestment rate risk
a) captures the probability that the issuer will not pay interests or principal at
the stated time and stated amount.
b) refers to the risk of a decline in bond values due to rising interests rates
c) captures the risk of an income decline due to drop in interest rates
d) captures the liquidity of the issue
e) none of the above
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