Calculate dollar price, yield to maturity, and accrued interest for a odd 1st, 2nd, last period bond with off cycle coupon
Introduced in release: 1.2 Component: Non-US (emerging mkts) Purpose:
Calculates either dollar price or yield to maturity and accrued interest for a periodic payment security with an optional odd 1st, second, and/or last period (odd 1st/2nd/last coupon bond) and off cyclecoupon rate changes.
Notes:
The maturity date used by this routine can be a maturity/redemption date.
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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