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Thursday, May 23, 2024 4:04:05 PM
Today I reduced most of my preferred positions FNMAS, FNMAT and FNMAJ. Plan to move into 10 or 20 Year Treasury. Getting ready to close down my Used Auto business and retirement. Still have both commons and few thousands of FMCCTs that I plan to keep for next 5 years.
How much daily/monthly interest does that add, based on the 5% over Fed Discount Rate (5.75% in total) from the lawsuit? Is the interest payable on the $50 par value or the damages amount only? How much is that for FMCCT?
Thanks in advance.
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