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Post# of 703719
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LessIsMore

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Thursday, 03/09/2023 10:04:21 AM

Thursday, March 09, 2023 10:04:21 AM

Post# of 703719
Distressed financing once again:

8% interest on loan
10% OID
10% "premium" added to 14 monthly installments

I've calculated a 25.2% effective annual rate on this loan.
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