luda002

I need to go back and check, but I'll try to do it based on some common sense... looks like the equity return is -0.3%, while the equity holder gets 2.2% return after 90 days. So, if you discount 0.022*$2m for 90 days minus the 0.3% * $2m loss on the equity portion, you get something close to $36k...which I don't see in the answers choices!