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Bond yields and forms for investors seeking 6 percent income
Sam Shulsky explains how quality bonds offer around 6% yields, notes on registered vs bearer forms, and how interest is paid. Registered bonds mail interest. bearer bonds use coupon clips. Most bonds now issue in registered form, bearer ownership requires self tracking. Also clarifies that preferred stock lacks a fixed maturity and bears callable prices, not maturity values.
MENTIONED IN THIS ARTICLE
Consumers Power
Chesapeake Potomac
Commonwealth Edison
Columbia Gas
Gulf Oil
World Bank
Detroit Edison
New England Telephone