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That is true. But it makes it much easier for potential investors to load up a bond in their own modeling tools, and run their own scenarios. They don't have
by ctkrohn 17y ago
That is true. But it makes it much easier for potential investors to load up a bond in their own modeling tools, and run their own scenarios. They don't have to reverse engineer the cashflow structure based on the legal wording in the prospectus.