Calculate dollar price, yield to maturity, and accrued interest for a step structured Accrual Note
Introduced in release: 1.39 Component: Non-US (emerging mkts) Purpose:
Calculates either the dollar price or yield to maturity and the accrued interest for a multi-step coupon Structured Accrual Note
Special Considerations:
This security compounds all of its interest payments and pays the interest at maturity.
Results:
All results are calculated using generally accepted practices. The variable calculated contains the calculated dollar price to redemption per 100 of maturity value or yield to redemption as a percent, both accurate to as many places as supported by a double precision value. The variable ai contains the accrued interest per 100 of maturity value 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.
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