Replies to post #119798 on Mr Cooper Group Inc fka COOP

[The Godfather]

$100,000 / $8.75 = 11,429.. same math as yours.eom.

[Jestiron]

I took the Preferred PPS ($100,000) and divided by the Common PPS ($8.75) to determine how many shares of commons for each share of preferred: 11,429