In recent years, both Coca-Cola and Walt Disney have issued bonds with 100-year maturities. Why would any

Question:

In recent years, both Coca-Cola and Walt Disney have issued bonds with 100-year maturities. Why would any investor buy a bond with such a long maturity, given that the investor is unlikely to still be alive when the bond matures? If market interest rates were to rise, would these bonds be a particularly good or a particularly bad investment in comparison with an investment in a conventional 30-year bond?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: