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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: freeus who wrote (34883)	3/28/2001 9:11:11 PM
From: Jim Willie CB	Read Replies (1) of 65232

yes, as a bond matures, it converges toward par value you just earn the interest so if in one year, you face a 20% profit in principal, why not sell the bond, then buy a different one, thus starting the clock over with 20% more money eh, hoser? / jim

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