Penn will enroll 63 percent of students who were accepted to the class of 2013, according to Dean of Admissions Eric Furda. Although the University's yield - the number of students who accept an offer ...

However, since the beginning of the year, long-term interest rates have rallied causing the Treasury yield curve to flatten to a spread of 78 basis points from 125 at year-end.

If we were to look at PTY over the past year, its shares have declined by -2.08%, but the $1.43 of distributed income is a 10.27% yield on cost, which is still a return of more than 8%.