A lot of those bonds are trading at 20, 15, 10 plus dollars. The reason why I ask is I am trying to see what the true "market value" of the CTs are. If the stuff that backs the CTs were trading at lets say 15 dollars, then the CTs should be worth 15. Whatever they are worth, the CTs should be valued at that price. Who knows. Right now, according to the POR, all debt is getting roughly 18 cents on da dolla....then again 10Bs are supposedly impaired....go figure..devil...
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