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

at_mat_tey (routine)

Calculate taxable equivalent yield for an at-maturity security

Introduced in release: 1.0
Component: Generic
Purpose: Calculate taxable equivalent yield for an at-maturity security. Specifically, it adjusts the cash flows by the appropriate tax rates and recalculates the yield.

Notes: The maturity date used by this routine can be a maturity/redemption date.

Results: The returned yield is calculated using the industry standard rules or generally accepted practices and is returned as a percentage, 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: 09/19/1991© 2001 TIPS, Inc.Doc Version: 5.0