This article is a good example why CNN is second tier.
They don’t mention the interest rate, nor do the journalist know how explain how it can be a good investment even if the company disappears at some point over the next 100 years. That bond easily pays off its principal in 20 years, even when accounting for the inflation.
u1hcw9nx•1h ago
They don’t mention the interest rate, nor do the journalist know how explain how it can be a good investment even if the company disappears at some point over the next 100 years. That bond easily pays off its principal in 20 years, even when accounting for the inflation.
Reuters did a better story https://www.reuters.com/business/alphabet-sells-bonds-worth-...