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Oh of course the investor buys $75 of debt for $73, I get it now. I somehow had it in my head the other way around that he can borrow $75 for $73 which wouldn'
by janosch_123 1y ago
Oh of course the investor buys $75 of debt for $73, I get it now.
I somehow had it in my head the other way around that he can borrow $75 for $73 which wouldn't make sense.
Thank you.