HSX Forum

CelebStock and StarBonds

Check your work ....AHEAR is NOT repeat NOT a double adjust (so far)

Posted by: Buy StarBondFund (EURO too) (a.k.a StarBondFund) on Feb 26, 19:18

ASDRK still on zero box list...

DRVAN replaces NBDWN..   Currently,the price of  AHEAR is 4.48 below TAG, Multiply by 5,  DRVAN would have to delist about 22.41 less than NBDWN for AHEAR to adjust to current price.   NBDWN did 25.85 in box.

Soooooo  if  DRVAN delists greater than 3.44, then AHEAR would be ARB.   q.e.d.

 

Was that the hard way????  OK....Currently, DRVAN is priced about 2 points  less than the final box for NBDWN.  At current price, the TAG for AHEAR would adjust about .4 less than the current TAG, or about  43.2 which is about 4 more than current price. 

All of this will be covered on the final exam.





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