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Financial alchemy
I think this matter should be understood as follows:

Suppose an institution owns a mortgage trust with a unit of 100, and its book value is 10, then its total share capital is 100 * 1000 = 1000, because the return on net assets has reached 12% (. According to the game of the capital market, in this way, the original mortgage trust holders will benefit.

The article 13.33 is calculated as follows: (100 *10+50 * 20)/(100+50) =13.33 USD.

The income of the original mortgage trust holder is:

The original income amount is:1000 *12% =120 USD, and the current income amount is 2000* 12%=240. Judging from the earnings per share, it turned out to be 120/ 100 = 6540. Now it is $ 240/ 150= 1.60.