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Investors who purchased bonds several years ago enjoyed double digit yields. These same investors today are complaining loudly about the current low single digit returns.

Investors who purchased bonds several years ago enjoyed double digit yields. These same investors today are complaining loudly about the current low single digit returns. Are investors that much worse off today? Explain what investors should be considering and how to determine whether they are better off or worse off today than they were several years ago.

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