Its current yield is 4. This means that Walmart Stores Inc. Please note that coupon payments are calculated based on the stated interest rate also called nominal yield rather than the yield to maturity or the current yield. You are welcome to learn a range of topics from accounting, economics, finance and more.
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You may redeem a savings bond anytime starting one year after you buy it. Series I bonds have an additional feature: a hybrid interest rate. One part is fixed.
The other component is adjusted at six-month intervals to offset inflation. Each time interest is calculated, the fixed rate and inflation rate percentages are multiplied by the current value of the Series I bond. The interest earned is added to the bond, increasing its value. He writes about business, personal finance and careers.
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Adkins holds master's degrees in history and sociology from Georgia State University. He became a member of the Society of Professional Journalists in Share It.
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