Mr Cooper Group Inc (COOP)

[ron_66271]

I Have Calculated the Accumulation for Series R.

“NA Washington Mutual Preferred Funding 7.250% 3/7/2006 EUROMTF Non-Cum WR NR USG9463GAA60 NA 750 Euro Preferred”.

Series R holders received three payments a year.
Two interest payments and one performance payment at the end of the year.

Accumulation of annual Performance Payments;
~+2.1X face of $1,000
I have two data points. Linear Interpolation, the area under the curve.

Interest payments;
Two $36 payments a year. The interest payments stopped because the interest payments is Non-Cumulative.


Series R and Series K;
75% of Retained Earnings, about ~+2.5X to face.

More than 4.6X to Series R.

The Estate belongs to the Commons!

Don’t take it personally. It’s all about ownership.



Ron