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Re: johnlconfer post# 651179

Sunday, 03/14/2021 5:40:59 PM

Sunday, March 14, 2021 5:40:59 PM

Post# of 730882
If the plan was new P for old P, then a coupon was obviously expected. Presuming it’s anywhere between 6.5% to 6.95% , that’s just free money for any seasoned investor, and more bang for the buck, long term, compared to ordinary commons.
So that’s one theory.
FWIW
GLTA
IMO
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