|
when the money is paid. That is the only time
you can reinvest it for a continued return. The interim time is called the
float. A check kiters dream.
----- Original Message -----
Sent: Wednesday, May 11, 2005 6:53
PM
Subject: [RT] Annualized Yield
For you math gurus.
To settle an argument. If
I bought a property, held it for 2 weeks
and sold it today for a profit and
a guarantee to receive the cash a
month later, do I calculate the
annualized yield from the transaction
date,(2 weeks), or when the money is
paid,(1 month+2weeks)?
TIA,
dom
Yahoo! Groups Links
|