Question: Explain the statement at the end of Section 12.1 that, when dividends are zero, the principal protected note cannot be profitable for the bank no

Explain the statement at the end of Section 12.1 that, when dividends are zero, the principal protected note cannot be profitable for the bank no matter how long it lasts.

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Explain the statement at the end of Section 12.1 that, when dividends are zero, the principal protected note cannot be profitable for the bank no matter how long it lasts.

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