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Old 01-08-2009, 12:27 PM
Bond Magician Bond Magician is offline
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Join Date: Oct 2007
Posts: 401
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Quote:
Originally Posted by grasshopper View Post
If I purchased a three year bond and I went out of buisness after the second year, would I collect the premium of the last remaining year?
It really depends on each particular situation. Generally, the premium is not returned after the first year.
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