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Isn't the 1 year LIBOR rate 0.78% ATM...

  1. kommy
    48 Posts.
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    21/03/11
    14:40
    Post #: 8140218
    Isn't the 1 year LIBOR rate 0.78% ATM (http://www.bankrate.com/rates/interest-rates/1-year-libor.aspx). So 4.75% above the LIBOR rate would be 5.53% which I consider to be very reasonable.
    KGL Price at posting: $1.45 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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