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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: J.B.C. who wrote (66316)2/8/2000 6:36:00 PM
From: Skeeter Bug  Read Replies (1) of 152472
 
>>You've loaned 100B to a group of homebuyers in February 2000, that have agreed to your terms of the loan, which is they pay you a single lump sum payment of 661.43B in February 2030.<<

jbc, 30 year tbills don't pay a lump sum at the end of 30 years.

as i told you before, you are misapplying correct formulas. your $57.2 was wrong. perhaps it is right under the circumstances of a lump sum payment (i don't care to doublecheck), but a lump sum payment was never part of the equation.

the only reason it is now is b/c you have trouble admitting you were wrong.

btw, can you sell me some tbills that w/ an 11% return? how about all i can buy? ;-)
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