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Strategies & Market Trends : Value Investing
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To: gcrispin who wrote (22273)10/17/2005 12:08:57 AM
From: Spekulatius   of 78744
 
gcrispin - re FMD. you are absolutely correct with your response regarding FMD's student loan residuals and the 12% discount rate is what i remember too from FMD's SEC statements. Only the future will show if FMD's assumption is correct - if they are you are going to make money on your position.
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