Calculates accrued interest for a term CD with multiple coupon payments
Introduced in release: 1.0 Component: Generic Purpose:
Calculates the accrued interest for a certificate of deposit which pays interest periodically. It also returns coupon period values to be passed to other routines.
Alternatives:
If price and/or yield are required in addition to accrued interest, use the cd_cpn_py_ai routine instead of this routine.
Results:
All results are calculated using the industry standard rules or generally accepted practices. The function returns the accrued interest per 100 of maturity value 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.
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