Thank you boomer for the info and ITB for the comments.
Looks like it is hard to value those Hybrids. I guess time will tell what SEVPC is worth.
About 1% to $4 value, I derived it from the 0.4% gap between the CBAPA and WBCPB, which translated into $2/$100 face value. Also assume the payback of $4 in 4 years. My rule of thumb. Not scientific.
Good luck, and merry Christmas.
Thank you boomer for the info and ITB for the comments.Looks...
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