Calculates price or yield and accrued interest for Euro Term CDs
Introduced in release: 1.0 Component: Non-US (developed mkts) Purpose:
Calculates either dollar price or yield to maturity and accrued interest for a Euro Term CD which pays interest periodically and principal at maturity only.
Results:
All results are calculated using the industry standard rules or generally accepted practices accurate to as many places as supported by a double precision value. The variable calculated contains the calculated dollar price or yield to redemption. The variable ai contains the accrued interest per 100 of maturity value.
Error Conditions:
Returned values should be ignored for a non-zero status. See Errors.
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