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SPACs Are Bonds, Actually | Louis Camhi
Forward Guidance
How to Make Sure Your IPO Has Value
The yields are closer to 6%. But what's really interesting is that 6% without the warrant, right? Because now money market rates are 5. So half a warrant is 3 and 1 half. Now I'm getting something like, if they take the full duration of tying, I'm gettingSomething like 7% return. Like, that to me with no risk in this environment is pretty excellent.
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