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rekcusdo

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rekcusdo

Re: kthomp19 post# 438614

Tuesday, 11/28/2017 7:45:33 PM

Tuesday, November 28, 2017 7:45:33 PM

Post# of 793582
Though I agree with you that this is how it works in practice, this isn't how the market would react to it. A "forgiving" of the SPS would drive up the price even though equity has not changed. The market would react to it as though the net worth has increased.
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