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Discounted instruments and the myth of upfront interest

You hear terms like upfront interest when investing in Discounted Instruments like treasury bills in emerging markets like Nigeria. This is not true technically. Your interest is not paid upfront. Only a portion of your money is invested while the balance is returned to you less charges. Discounted instruments are money market instruments that are The post Discounted instruments and the myth of...

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This post first appeared on Financial Freedom Inspiration | Achieve Financial, please read the originial post: here

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Discounted instruments and the myth of upfront interest

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