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Hello, is the following a good strategy:

Buy discounted bonds a month or 2 before they mature, then redeem for face value. So if I buy at "98," then get "100" at maturity, and do this every month, I would get 24% interest. (excluding bonds that default)

By the same token, isn't it good to buy discounted bonds that you expect to be called in the near future, then you get a profit of face value minus purchase price, instead of having to wait till they mature?


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