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Chris B is a
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Perhaps if the interest rate was high enough you might. What if you bought the $10k bond from its unfortunate owner for $5k? Making it a $8400 total investment that is sure to pay out $10k one way or another in 5 years might seem worthwhile to some. Of course, then there's counterparty risk, but that's another subject.
Dec 04 16:39 pm
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All Comments by Chris B »Country Default Risk Rises Across the Board [View article]