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cfs_pd

cfs_pd (routine)

Calculate price or discount rate from a given set of cash flows

Introduced in release: 1.0
Component: Generic
Purpose: Calculates price or discount rate from a given set of cash flows and corresponding dates. Discounting is done on a linear basis for each cash flow. There is no compounding.

Special Considerations: This routine should only be used with one cash flow. While the result returned when there is more than one cash flow is mathematically correct, it is meaningless.

Results: The result is returned as the value of the function 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: 08/30/1991© 2001 TIPS, Inc.Doc Version: 5.0