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mtrm_tey

mtrm_tey (routine)

Calculate taxable equivalent yield for a medium term note

Introduced in release: 1.0
Component: US Bonds
Purpose: Calculate taxable equivalent yield for a medium term note (a regular bond, odd first coupon bond, odd last coupon bond, and odd first and last coupon bond). Specifically it adjusts the cash flows by the appropriate tax rates and recalculates the yield.

Notes: The maturity date used by this routine can be a maturity/redemption date.

Results: The result is 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: 09/19/1991© 2001 TIPS, Inc.Doc Version: 5.0