How do I calculate the expected coupon value?
To calculate your expected coupon value, simply divide the annual interest rate by 4 to determine the quarterly interest payment.
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What should I do if I accidentally miss a digit in my CSCS account number when filling out the form, and how might it affect my coupon payments?
If you miss a digit in your CSCS account number while filling out the form, it can lead to issues with coupon payments, as the account may be classified as unidentified. Make sure to verify the digits; if you're unsure, request confirmation to avoid ...
Q. How to calculate your Commercial Paper Investment Returns
Stage 1 Under current terms (interest rate & 182-day tenor), investor puts N5m to work. However, this represents Face value "FV" (A) to be received at maturity. Interest works out to -N514k (B) which if taken upfront, means the actual/real amount ...
Can I fill a different bank on the form aside from the one on my Afrinvestor account, and can I change my bank details for coupon payments?
Yes, you can update your details, but you'll need to follow specific procedures to ensure your information is accurate on the CSCS portal. For more information, please contact the brokerage team at brokerageteam@afrinvest.com.
Q: What is True Yield?
The ‘true yield’ is the effective return on investment (ROI). Using a simplified example, if an investor wants to receive N100,000 after a one-year period (365-days) and choses to invest in a discounted instrument which is offered at a rate of 10%, the ...
What is a Bull Market?
A bull market is a time in the financial market when prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market but can be applied to bonds, currencies, and commodities.