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bblack

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bblack

Re: Mercator21 post# 90221

Saturday, 08/27/2016 6:07:33 PM

Saturday, August 27, 2016 6:07:33 PM

Post# of 425940
regarding shorting against the convert.

the 3.5% coupon is offset by the cost to borrow. And holding a large hedged position exposes you to risk of buy-in.

what do you think the cost to borrow is?
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