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Page 128
The interest they promise is less arresting . There is a natural propensity to overemphasize price , and this frequently leads even the conservative into trouble , as we shall see . The actual fact with respect to these two bonds is ...
The interest they promise is less arresting . There is a natural propensity to overemphasize price , and this frequently leads even the conservative into trouble , as we shall see . The actual fact with respect to these two bonds is ...
Page 128
When interest income can be had $ 5.00 to the hundred of investment , the bond which produces the income is cheaper than when its interest can be had at the rate of only $ 4.00 to the hundred . The reverse of this statement is also true ...
When interest income can be had $ 5.00 to the hundred of investment , the bond which produces the income is cheaper than when its interest can be had at the rate of only $ 4.00 to the hundred . The reverse of this statement is also true ...
Page 256
Dr. Ryan says : “ The government can accomplish a good deal in this direction by keeping at the lowest possible rate the interest that it pays on its securities , by issuing bonds that pay no interest at all and by requiring banks to ...
Dr. Ryan says : “ The government can accomplish a good deal in this direction by keeping at the lowest possible rate the interest that it pays on its securities , by issuing bonds that pay no interest at all and by requiring banks to ...
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Contents
Ellis Havelock Marcel Proust | 1 |
INDEX BY TITLES | 39 |
PAGE | 54 |
Copyright | |
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