RE:Explained …No still don't get it. They could pay off the loan regardless of paying it off at .90 on the dollar or full face value and still get the 7.92 interest charge back. So all they wuld save is 10%
And how do you get from .90 on the dollar plus 7.92% wouldn't that be closer to 18%
I also don't get your bbl/share math on your other post.