How corporate bonds affect the bond interest rate risk

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Question: Corporate bonds usually pay interest semiannually. If a company decided to change from semiannual to annual interest payments, how would this affect the bond's interest rate risk?

Reference no: EM131633312

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How corporate bonds affect the bond interest rate risk : Corporate bonds usually pay interest semiannually. If a company decided to change from semiannual to annual interest payments.
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