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The business does much much better than expected and bondholders receive most of the promised desire and principal payments. What's the recognized return with your investment decision?
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The value for this combination of construction labor and components is probably much closer to the particular charges that the drinking water or wastewater utility may pay for its infrastructure projects, at the very least compared to the costs of the CPI-U’s basket of consumer goods. CCI isn’t great for utilities, but in monitoring variations to the costs of constructing infrastructure, CCI is better suited than CPI-U.
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