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Non-Tech : Income Investing

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To: codger who wrote (10808)7/3/2014 12:42:05 PM
From: codger  Read Replies (3) of 52048
 
Re: re GST-B

After posting the previous I jumped into the shower. It then dawned on me that my numbers worked for an investor buying GST-B at par, but a new investor paying current prices would have to invest $28.66 for a share of GST-B in hopes of getting $25 par back at call plus accumulated dividends of $11.65, or a net gain of only $7.99 vs LGCYO total of $10.09 net gain.

I am not sure how this analysis would affect I.mkat, the original poster, who bought GST-B at $25.01.

I think it must be time for my nap. I will not be buying GST-B today.
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