Word: yielded
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...landmark 1998 liability settlement. States including California and New York have issued some $18 billion of these bonds to get their mitts on the tobacco loot now rather than wait to collect it in dribs and drabs over the next few decades. The bonds have always offered a higher yield than similarly rated munis--today, about 5.5% vs. 4.1%--because no taxing authority stands behind them, only a handful of private companies that a lot of folks would like to see put out of business. In high-tax states like New York and California, many individuals bought tobacco bonds...
States are in terrible financial shape. Investors are worried--especially with tobacco-bond income imperiled--that states won't be able to service their other bonds. Meanwhile, the Bush Administration's push to cut taxes on stock dividends could make tax-free bonds less attractive. As a result, yields on the best-quality tax-free munis have reached a rare parity with those of taxable Treasury bonds. In both cases you can get about 4% on a 10-year issue. A T-bond would have to yield 5.7% to generate the same after-tax income as a 4% muni...
...Latino students to apply to Harvard, the admissions office should continue to provide focused programming to ensure that as many admitted students as possible choose to matriculate here. When the final admissions data is released later this week, we hope these efforts will have result in a higher Latino yield for this coming year...
While Donahue said she was unsure if the travel assistance program would result in a higher yield for the College, she said the program would help prospective students to make more informed decisions...
...friends of Pring-Wilson who try in The Crimson article to pass off his killing another human being as another manifestation of the pride and determination that has helped him achieve so much. If this is the kind of fruit his good qualities have the potential to yield, then we at Harvard certainly don’t need Pring-Wilson in our community...