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  #11  
Old 03-28-2017, 07:12 PM
youngorchard youngorchard is offline
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Great - thanks for all your responses!
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  #12  
Old 03-29-2017, 04:57 AM
youngorchard youngorchard is offline
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Have another dumb question to ask:
Typically an LPT would provide surplus relief for the seller. However, are cases where the seller experiences a reduction to surplus from LPT pretty common?

Once again, thanks in advance.
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  #13  
Old 05-02-2017, 10:35 PM
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Sherwin Sherwin is offline
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Quote:
Originally Posted by youngorchard View Post
Have another dumb question to ask:
Typically an LPT would provide surplus relief for the seller. However, are cases where the seller experiences a reduction to surplus from LPT pretty common?

Once again, thanks in advance.
No, I don't think so. It depends on the reserves booked by the seller and the transaction amount of the LPT. More usually, the latter is smaller than the former, unless the seller's reserves are booked much lower than a reasonable value.
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