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Re: bradford86 post# 669397

Wednesday, 03/10/2021 10:46:20 AM

Wednesday, March 10, 2021 10:46:20 AM

Post# of 798941
FNMAS

Would you buy such a security in this market at par? Would you pay a premium of 75% to buy this security? If you would pay a premium, then the securities are worth $331 billion and the government profit on its investment is $387 billion.