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A previously issued Aa1, 20-year industrial bond provides a return one-fourth higher than the prime interest rate of 8 percent.

A previously issued Aa1, 20-year industrial bond provides a return one-fourth higher than the prime interest rate of 8 percent. Previously issued public utility bonds provide a yield of three-fourths of a percentage point higher than previously issued industrial bonds of equal quality. Finally, new issues of Aa1 public utility bonds pay one-fourth of a percentage point more than previously issued public utility bonds.

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