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dennisdave

03/11/23 10:48 AM

#575552 RE: LessIsMore #575550

Both of you have to distinguish between annual interest and total loan COST.

Based on my numbers, the effective all-in interest rate that NWBO and its shareholders are paying is closer to 29%.



PM here speaks of the total paid cost so it seems. Not the annual calculated interest on the principal loan.

Poor Man -

03/11/23 11:05 AM

#575561 RE: LessIsMore #575550

You make great points. I was looking at this from the perspective of total return paid to Fife. But to your point, I should have annualized the percentage, or just defined the amount paid as total return and applied the interest rate over 20 months to get a total payment amount.