Donald J. Smith Quotes

The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time. Capital Gains And Losses Are The Changes In Price Related To Changes In Value - For Bonds That Means A Change In The Yield. We'll See In Chapter 4 When We Get Into Bond Taxation How Well These Economic Principles Hold Up In Practice.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

Donald J. Smith Quotes: The Key Point Is That, In Principle, Interest Income Is The Change In Price Associated With The Passage Of Time.

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