The Past, Present, and Future of Income Bonds
Description:
Why has the once fallen star of income bonds started to rise after spending over seventy years below the financial horizon? Is it because income bonds provide many of the advantages of debt financing with the non-fixed payments feature of equity financing? Could it be caused by the high yields they carry considering the risk involved? Is it the result of the large tax savings created in many cases? All of these questions are important. Eighteen years ago income bonds were one of the least respe…
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Date:
June 1966
Creator:
Vesecky, Stephen Fenwick
Partner:
UNT Libraries