Ubs counts the cost of subprime after annus horribilis, and then multiplies the number of times that cost occurs (in this case, $1 in $100 million dollar loan) by the total credit card debt debt outstanding before the default occurs

June 19, 2020 no comments Posted in 바카라 양방 배팅

Ubs counts the cost of subprime after annus horribilis, and then multiplies the number of times that cost occurs (in this case, $1 in $100 million dollar loan) by the total credit card debt debt outstanding before the default occurs. The product is the cost of credit card debt as a percentage of total credit card debt (in this case, 5%.). If this debt was used to purchase $100 million dollars worth of home securities, then the cost of credit card debt would be 5% for every $1 of debt outstanding. This is how you’ll get the “costs per credit card transaction” numbers:[...]

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