That’d be a problem indeed, but only because the contract you’re proposing is suboptimal. Given that the principal is fully guaranteed, it shouldn’t be terribly difficult for you to borrow at >4% yearly with a contingency clause that you don’t pay interest if the asset goes to ~0.
That’d be a problem indeed, but only because the contract you’re proposing is suboptimal. Given that the principal is fully guaranteed, it shouldn’t be terribly difficult for you to borrow at >4% yearly with a contingency clause that you don’t pay interest if the asset goes to ~0.