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Investment and Speculation
Present and Future Funds
The Pure Rate of Interest
13 other sections not shown
amount Baltimore Balto building and loan calculated capital cent bond chance changes commodity prices common stocks corporation cost debt demand depositors deposits diversification dividends earnings economic endowment policy estimates example exchange of present external factors federal income tax figures form of investment future funds future sums gain government bonds grade high-grade bonds highly-marketable increase individual industry insurance companies internal uncertainty investment associations investor John Burr Williams large number less liquidity loan association loss maturity ment Mtge mutual savings banks paid particular payments period portfolio power of money preferred preferred stock premium present funds present value principal private investor probabilities procure profits promised purchasing power pure interest rate pure rate pure yield railroad rate of interest ratio realized yield reversi reversible investments rise savings bank securities sell spacing supply surtax Table tainty tax exemption taxable bonds taxation term tion tt tt tt uncer United