As was discussed in Chapter 3, each bond purchased prior to May 1, 1995, has a unique guaranteed and average market rate. ... This is the rate your bond will receive in the current six month earnings period. ... Determining how a particular bond or the entire bond portfolio performed over the previous twelve-month period informs an owner of the aquot;actualaquot; recent ... know exactly how much they are worth.
|Author||:||Daniel J. Pederson|
|Publisher||:||Tsbi Incorporated - 1999|