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Because, all else equal, you’d prefer the stock with a lower price to earnings.
Yes.
Yes.
None - the swap has zero value to either party, which implies zero credit risk.
Good luck.
I’m so fugging in the zone right now.
WHO WANT WHAT!

TOP

Because, all else equal, you’d prefer the stock with a lower price to earnings.
Yes.
Yes.
None - the swap has zero value to either party, which implies zero credit risk.
Good luck.
I’m so fugging in the zone right now.
WHO WANT WHAT!

TOP

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