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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (69150)10/17/1999 11:37:00 AM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Skeets, Nah, they never mentioned 200 years. That was my prosaic license. My point is that if earnings yields are half of bond rates, and growing at 10%, it takes about 15 years to get even. Does anyone really buy a risky business with the idea that he will finally be able to surpass no risk bond returns after 15 years? I hope not.