
- UID
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- 2011-7-2
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- 2014-6-29
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Call is a sunk cost against borrowing. If I didn’t have to pay for a call in case rates went up and rates didn’t go up of course it would be cheaper…
Effective Interest Rate is however always going to be higher than 360 day convention so it is skewed a bit.
365/360 for EAR. |
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