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mrholty

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mrholty

Re: DennyCrane550 post# 5917

Friday, 09/04/2015 3:51:37 PM

Friday, September 04, 2015 3:51:37 PM

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I need to read that MTA agreement. I bet that we cannot write business for another year. My understanding of these agreements is that the MTA will slowly build trust so that is what I am using in my assumption.

Did I read that right that the company can buy upto $100M of preferreds/surplus notes. What are those selling at? If they were able to buy $100M of surplus notes today what would that do to the ABV?
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