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

cd_cpn_ytm (routine)

Calculate price to maturity for a CD with multiple coupon payments

Introduced in release: 1.0
Component: Generic
Purpose: Calculates the yield to maturity for a coupon bearing certificate of deposit.

Alternatives: This routine requires inputs normally provided by other interim routines. The cd_cpn_py_ai routine uses a coupon rate and relevant dates in computing a yield.

Results: The function returns the calculated yield to redemption 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: 03/31/1995© 2001 TIPS, Inc.Doc Version: 5.0