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  • herrerabrian herrerabrian Jan 15, 2011 10:37 AM Flag

    Updated GM ownership

    If my math is half way correct I take 422 727,270 shares times approx 38.00 share price and get approx. 16 billion. Then I take approx 27 billion in outstanding bond value and divide that into the 16 billion and get approx $15.00 of value for each 25.00 par value bond or roughly 60% of original value. Where am I going wrong?

 
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