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What if the financing cost is above 12%, example 20% instead Assume that they are sure things Borrow against the futures cash flows at 12%
What if the financing cost is above 12%, example 20% instead Assume that they are sure things Borrow against the futures cash flows at 12% loan amount 1-year $63, 120 less than $63, 120/(1.12) 2-year ...
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