After saying that, Chen Dong was speechless for a moment.
The interest of 1556 yuan was calculated based on one month's interest rate.
Otherwise, if the interest is calculated over half a month, it would be less than 800 yuan.
Jiang Fei and his group were mentally prepared from the start.
But when Chen Dong uttered the number, he was still momentarily stunned.
It's not too expensive, it's incredibly cheap.
Even if you manage to get a loan from a bank, the interest would likely exceed that amount over half a month.
Currently, the annual interest rate for bank loans is 11%.
However, the annualized interest rate for demand deposits is less than 3%.
in other words.
The compensation paid to the workers was three times the interest, but that was still less than the interest on a bank loan.
Lin Zhiyuan opened his mouth, but he no longer knew how to describe Chen Dong's ability to manipulate events so swiftly and decisively.
Before Chen Dong could finish speaking, he continued.
"The interest rate is indeed a bit low. You can decide for yourselves later. If it doesn't work out, we can give everyone some small gifts, such as toothbrushes or towels. In short, we must not give anyone a handle to use against us in this matter."
"clear!"
"Okay, Dong-ge!"
Jiang Fei and the others nodded repeatedly. They knew that they had gotten a great deal by following Chen Dong's actions.
If we don't bleed a little at this point, it won't do anyone any good.
Besides, compared to the profits from this deal, the small gifts are just a drop in the ocean.
"This time, we used 476,000 yuan to collect treasury bonds, and sold them for a total of 1,062,000 yuan."
"After deducting various costs of 22,000 yuan, the remaining profit is a total of 564,000 yuan."
Upon hearing this, everyone's breathing became somewhat rapid.
Chen Dong smiled and said again.
"Of the 476,000, we'll split the travel expenses in half. I'll have 221,000 on my end, plus the agent's half, which makes 329,000, giving me a 69% stake. I won't bother with the odd amount. You'll have a 31% stake. Is that alright?"
"No!"
Jiang Fei nodded. These were all agreed upon beforehand, so there was no room for dispute.
Besides, if Chen Dong hadn't stopped them, they probably would have actually gone to private lenders.
The current returns have exceeded his expectations.
"In addition, my brother-in-law was the one who spearheaded this trip. Without him, we wouldn't have had this trip to Dongning. We agreed on giving him 30% of the profits beforehand."
"Of course!"
"In that case, let's start dividing the money."
Chen Dong's lips curled up; he had already made his plans in his mind.
This trip yielded a profit of 270,000.
This is only half a month.
By the end of the month, a monthly income of 300,000 yuan is a certainty.
In 1990, a monthly income of 300,000 yuan was enough to put one in a league of their own, far surpassing the vast majority of people in the country.
However, this is only the beginning...
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