Post by
Frank007 on Mar 30, 2023 10:40am
Explained …
The interest is 7.92% ... plus the 90cents on the dollar ...get it ...it was explained during the Bogata conference
Comment by
a2bman on Mar 30, 2023 12:26pm
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.