I would call, but feel kinda gross doing it.
We have 40% equity vs his calling range, we need exactly 30.5%.
.4*81.9 = 32.76
.6*25= 15
32.76-15 = $17.76 is our EV on a call.
11-08-2009 11:40 AM
#3
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I would call, but feel kinda gross doing it. | |