<t>QuoteOriginally posted by: gardener3QuoteOriginally posted by: listI don't know what getting $1 at T means. //// It means buy bond at t, say t = 04/ 04 / 12 with maturity T , say T = 06/01/12. Then the rate between T and t is by definition a discount rate between two dates.If you meant 1 = E[disc...