Replies to post #668526 on Mr Cooper Group Inc (COOP)

[clintonj]

.05375 x 13 (years) (excluding compounded interest)= .69875 x $1,150,000,000= 803,562,500 ÷ 1.7 bil commons ???= .47268 (cents) per uq.(interest only) My understanding its an annual intrest rate
.05375, which is paid out quarterly. Not a quarterly interest rate for what now is 52 quarters... Some one help me with my math!

[yes9]

Thanks AZ, we have no choice but to grin and bear the waiting! Hope $50.00 comes very soon!