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mbs_p_b

mbs_p_b (routine)

Mortgage backed security - calculate the price with balloon payment

Introduced in release: 1.0
Component: US MBS
Purpose: Calculates the dollar price for a mortgage backed security with a balloon payment given the bond equivalent yield. It uses the monthly cash flows as input.

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: 11/26/1996© 2001 TIPS, Inc.Doc Version: 5.0