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JusticeWillWin

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JusticeWillWin

Re: JusticeWillWin post# 637699

Friday, 10/30/2020 10:51:23 AM

Friday, October 30, 2020 10:51:23 AM

Post# of 728597
"[...] if there is a change in the administration that results in higher corporate taxes, then you should expect a very significant write-up in the value of the DTA

Quote above from the earnings call: https://www.fool.com/earnings/call-transcripts/2020/10/30/mr-cooper-group-inc-coop-q3-2020-earnings-call-tra/

My calculation:

If Biden wins he wants to increase the corporate tax rate from 21% to 28%, which increases the value of COOP's DTA by $413 million!

That alone is $4.48 PER SHARE!
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