Exactly one year after the package was announced, the 10 year GGB could be bought for 50% of par yielding 15.3% in euros. That is a yield to maturity of over 30% in euros. Would you have invested in it knowing what you knew at this point in time? (Give 3 reasons either for or against the investment thesis)

Answer rating: 100% (QA)

Three reasons for investing High Yield A yield to maturity of over 30 in euros is exceptionally high ... View the full answer