If you have buy ICSLS (irredeemable convertible secured loan stocks), how does the % coupon entitlement calculation?
Here is the formula:-
{(Quantity x coupon rate)/frequency of pymt } x par value x tax
Eg: SCOMI-LA, if you have 20000 shares, Coupon of 4% per annum ICSLS, you will entitled for RM19.94.
{(Quantity x coupon rate)/frequency of pymt } x par value x tax
{(20000 x 4%)/4 } x 0.1 x 0.997 = RM19.94
Great, Good and Gruesome Companies. Studying their financial statements.
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*?? INCOME STATEMENT:*
*1: Gross Margin*
?? Equation: Gross Profit / Revenue
?? Rule: 40% or high...
4 hours ago
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