You pay or would have paid $14 per share. For that $14 you get $1.48 per year in dividends and a guaranteed pay out of $20 backed by a US Gov Zero. Think... login to read the rest
$37.50 final and 14 initial for 13 years works out to 7.9% a year, right? Maybe I'm missing something?
There are plenty of simple, ordinary fixed income term trusts which you roll-over year after to... login to read the rest
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