Calculate the Payment-In-Kind (PIK) growth factor for odd last bond
Introduced in release: 1.0 Component: US Bonds Purpose:
Calculate the PIK growth factor. That is, the number of bonds that one bond has grown to on the conversion date.
Alternatives:
If you have a PIK bond with an odd last period use pik_fctr_ol
Results:
The function returns the pik factor 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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