Calculates the cash flows for a Payment-In-Kind (PIK) with an odd last period
Introduced in release: 1.4 Component: US Bonds Purpose:
Determines all future cash flows and their corresponding dates, from the settlement date, for a Payment In Kind regular bond, odd first coupon bond, or odd first and last coupon bond. The cash flows are all interest payments and principal repayments combined by date.
Special Considerations:
For the cash flows to be scaled consistently with those used by the security specific price/yield routine, set the variable thous_securities to zero. This forces the cash flows to be based on 100 of maturity value.
Alternatives:
Use pik_cfs if there is no odd last period and calculation performance is an issue.
Results:
All results are scaled by thous_securities, and are accurate to as many places as supported by a double precision value. The array cfs contains the cash flows and the arrays cf_months, cf_days, cf_years contain the corresponding dates.
Error Conditions:
Returned values should be ignored for a non-zero status. See Errors.
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