I'm just trying to get an answer to a simple question'Because the yield spread of the individual share (demonstrated over extended period of time to behave like a bond) over benchmark bond yields exceeds historical averages by a margin approaching several standard deviations, which provides added prudential valuation buffer in the share.'
Finally he gives the answer I've asking for!
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News: APA APA Group Says Estimated Final Distribution Of 29.5 AU Cents Per Security, page-38
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