medium · Private Credit portfolio-management-monitoring-workouts
A unitranche loan was issued at 98 (2% OID) with an 11% coupon. At the end of Year 1, the loan is trading in the secondary market at 99.5.
What is the unrealized gain for the year?
- 11.0 points
- 0.5 points
- 1.5 points
- 3.5 points
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