The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Peter Abramowitz - Jefferies LLC - Analyst
: Yes. Thank you very much. Appreciate the time. Brian just wondering if you could dig in a little bit just on the accounting side to that charge from
the embedded derivative change in in the convertible debt. Just help us understand that a little bit more.
Question: Peter Abramowitz - Jefferies LLC - Analyst
: No, no. I think that's helpful. And then one on just the rate backdrop and kind of how you're thinking about the impact to your overall markets. So,
since the, the Fed has embarked on its easing cycle here. The long end of the curve has remained sort of stubbornly high. So, just wondering if you
can sort of help us think through how that might impact the, the sales market. You know, as we look ahead to 25.
Question: Peter Abramowitz - Jefferies LLC - Analyst
: Okay? that's helpful and very thorough. Thank you. And, and just one more if I could for Michael, you know, and, and good luck and good to meet
you as, as you kind of embark on this journey here in a new position. But just curious, you mentioned talking about RO I targets on, on all your
investments, whether new or existing across the company. Just wondering if you could help us think through kind of quantifying how you're
thinking about, you know, what the hurdles and, and return rates you're looking for to, to sort of create value here with within the company.
Question: Peter Abramowitz - Jefferies LLC - Analyst
: All right, that's all from me. Thank you.
|
