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

frn_rc_dm (routine)

Floating rate note (FRN) - calculate the discounted margin

Introduced in release: 1.2
Component: Generic
Purpose: Calculates the discounted margin for a floating rate note (FRN)

Notes: Reset frequency can be different than the payment frequency.

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: 12/14/1995© 2001 TIPS, Inc.Doc Version: 5.0