Go To Documentation Main IndexMain Index
Go To TIPS, Inc.TIPS Home
at_mat_pbt

at_mat_pbt (routine)

Calculate before tax dollar price with 1 or less period to redemption for an at-maturity security.

Introduced in release: 1.0
Component: Generic
Purpose: Calculates the tax affected dollar price for an at-maturity security.

Alternatives: This routine requires inputs normally provided by other interim routines. The at_mat_pytax routine uses a coupon rate and relevant dates in computing a tax affected price.

Notes: This routine requires an after tax yield to maturity and associated income and capital gains/loss rates.

Results: The calculated dollar price to redemption, per 100 of maturity value, is returned accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 03/25/1993© 2001 TIPS, Inc.Doc Version: 5.0