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Old 11-27-2007, 06:02 PM
hotmark777 hotmark777 is offline
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Join Date: Aug 2006
Posts: 496
Default Re: How dodgy is the Citibank-Abu Dhabi deal?

Thanks. From what i see this high coupon was designed to deduct taxes. However isnt the revenue from selling an option taxable? Thus the although the 11 percent is tax deductable, the 8 percent they receive on options is taxable so why not just pay out a 3 percent coupon?
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