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drobx

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drobx

Re: Jovko post# 1500

Wednesday, 10/31/2018 4:26:11 PM

Wednesday, October 31, 2018 4:26:11 PM

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The 7.2% APR does not look correct. I think you calculated as if the entire $260M is to be paid at year 20. If you look at it as having to pay $13M/year for 20 years that works out to an APR of almost 20%.
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