Sentences with phrase «resemble bond coupons»
As a result, Enbridge's cash flows resemble bond coupons.
https://www.fool.ca/ Not exact matches
The lower the cost approaches zero, and the longer the duration approaches eternity, the more the float resembles a perpetual, zero coupon bond which, as I discussed in Part I, will be worth almost nothing as a liability which is really cool because assets financed from the float could be worth a lot, just as happened in the case of Berkshire Hathaway.