Discounted Price Appreciation
Portfolio’s Price Appreciation to face value in average duration time of 7.55 years:
$ 1,850,000 (portfolio’s face value to average maturity) - $1,739,169 (portfolio’s cost basis) = $110,831.
Cumulative Current Income
Portfolio’s Cumulative Current Income in average duration time of 7.55 years:
7.55 years x $ 84,461.25 (annual current income exempt from Federal and State taxes) = $ 637,682.
Portfolio’s Total Return
Portfolio’s Total Return in average duration time of 7.55 years:
$ 110,831 (discounted price appreciation) + $637,682 (cumulative current income exempt from Federal and State taxes) = $ 748,513. (Total cumulative return 43%.)
(The formula does not account for compounded reinvestment rates.)
This presentation contains CONFIDENTIAL INFORMATION which may also be LEGALLY PRIVILEGED and which is intended only for the use of the individual or entity named above. If the reader of this presentation is not the intended recipient or the employee or agent responsible for delivering it to the intended recipient, you are hereby on notice that you are in possession of confidential and privileged information. Any dissemination, distribution, disclosure or duplication of this presentation is strictly prohibited. The information contained herein has been obtained from sources believed to be reliable but we do not guarantee accuracy or completeness.