Cash in hand. Principal amount reduced. Lower future interest payments.
I suspect few people were true believers in my predictions.
....whoa...not everybody! It was right on the money...as usual... great call Enterprising Investor...and Thank You for sharing your insights on this board.
If liabilities are greater than assets, the business is insolvent. Knowing the structure of those liabilities is where to make your money. -- EI2010
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