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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: Skeeter Bug who wrote (66336)2/9/2000 3:30:00 AM
From: J.B.C.  Read Replies (1) of 152472
 
>>jbc, 30 year tbills don't pay a lump sum at the end of 30 years.<<

You're the one that assumed the compounding, not me, here's your quote:

>>the first year the tbill earns $6.5 B and qcom earns $750 M. next, multiply $106.5 B by 1.065 and $750 M by 1.50 for year two.<<

Message 12797820

Zero coupon bonds are the method that provide for lump sum payment.

Jim
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