Q: I have invested in Sherritt bonds in the past when they came under pressure and made capital gains at maturity. I am looking at the bonds that are due November 15, 2017 with a coupon of 8% and priced at $51.50 per $100.00 plus accrued interest and was wondering what your thoughts would be of purchasing $10,000.00 face value for approximately $5,550.00 and holding till maturity.
Thank you
Thank you