Discover and read the best of Twitter Threads about #div0

Most recents (1)

STOP EVERYTHING YOU'RE DOING. IT IS HERE.
THE FIRST ZERO COUPON PERPETUAL BOND EVER.
(In case your pricing model breaks done with 0/0 #DIV0 stuff, the current market price is 70% of par.)
Jokes aside, this is actually extremely interesting because this is afaik the first time a coupon formula for a bond gives a negative coupon. Which leads to a fascinating legal question since the different between a bond and a loan is that
Read 7 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!