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Fellow Fools of the Bond Planet!

How about some input and thoughts on GMAC bonds. If there is another rate hike I think there should be enough available with YTM% of ~11%, Maturing 2009, not callable. Right now I am trying to find an individual qty @ $5 per bond, over the $40 minimum that Ameritrade is going to stick me with.

Stand back - The Doctor is pulling out the prescription tablet.

Now is your chance to speak up! BB rated? Why? Should the sins of the father be upon the heads of the bonds?


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