Optimizing After-Tax Returns on Options
1 year ago
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3 comments:
Is that even possible? I would say it has no value since you'll never seen any money back.
Ding! Ding! Ding! Correct! For exactly the reasons you mentioned.
I've had some pretty interesting answers: "Face value", "Face value with a discount", etc.
If you don't get a coupon and it doesn't mature (perpetuity), then you never get any money back!
Sweet! Even though it has no value, it sounds like you would have no trouble finding some buyers if you issued such a bond :)
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