To recompute,
@5% coupon rate(bonds), the required investment is 3.3M
@8% coupon rate(bonds), the required investment is 2.063M
I hope this avoids confusion to the readers...
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Type: Posts; User: arclops
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12-21-2012, 09:09 PM
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To recompute,
@5% coupon rate(bonds), the...
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12-21-2012, 07:01 PM
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Sir I think your computation is based on a...
Sir I think your computation is based on a tax-free investment, otherwise the stated amount on your computation is a gross amount that is still subject for a 20% tax deduction...
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12-20-2012, 10:40 PM
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Re: I need to have a fixed income of 11K, How much do I need and what is the best means of investmen
You need at least 3.3M to earn that amount. Buying RTB at a conservative estimate of 5% interest will provide you 33T per quarter(interest payments are given quarterly). RTBs are usually offered...
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