Calculates the price/yield and accreted dividend for perpetual preferred securities
Introduced in release: 1.997 Component: US Bonds Purpose:
This routine calculates the price/current yield and accreted dividend for a perpetual preferred security. It also calculates the strip price, strip yield, and the annual dividend.
Alternatives:
If you have a preferred security with a maturity date use prfd_py_ai
Results:
The calculated results are returned 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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