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Author: FAEZ Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: Re: Question Date: 7/20/2006 11:34 PM
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Andy-- glad to meet you-- and me hail from the same state

We're only about 5 or 6 hours away. It's a big state. :-)

And thanks for the suggestions. I'll check them out.

Like you, I was puzzled by the discrepancy between doing plain math and the results obtained in Excel. And it seems to be more than simply a year with 360 or 365 days. Or a matter of decimal places; I'm sure these computers carry calculations out to more decimal places than necessary.

Of course, the difference between a 17% or an 18.2% yield probably wouldn't be a deal breaker.

Andy

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